IDEAS home Printed from https://ideas.repec.org/a/aem/journl/v7y2021i2p208-233.html
   My bibliography  Save this article

Democracy, Governance and Economy: How EaP States Have Evolved in the Last Decade?

Author

Listed:
  • Ramona ŢIGĂNAŞU
  • Anatolie CĂRBUNE

Abstract

In the last decade, several transformations have occurred at the level of governance systems within the six states included in the Eastern Partnership (Armenia, Azerbaijan, Belarus, Georgia, Moldova, Ukraine), in order to respond to multiple challenges, either endogenous, or exogenous. Against this background, the question that arises is whether this reconfiguration of the systems meant positive effects or, on the contrary, on certain directions, an involution can be highlighted. Thus, our methodological approach takes into account a multidimensional perspective related to democracy, governance and socio-economic aspects, which emphasize whether progress has been made in 2020, compared to 2010, in terms of the mentioned components. The research results underline if the measures implemented by these countries were in accordance with the pro-market and pro-democracy principles, based on good governance. In addition, the identification of some vulnerabilities might allow the outlining of policy recommendations, for an increased adaptability of these economies to future crises.

Suggested Citation

  • Ramona ŢIGĂNAŞU & Anatolie CĂRBUNE, 2021. "Democracy, Governance and Economy: How EaP States Have Evolved in the Last Decade?," Eastern European Journal for Regional Studies (EEJRS), Center for Studies in European Integration (CSEI), Academy of Economic Studies of Moldova (ASEM), vol. 7(2), pages 208-233, December.
  • Handle: RePEc:aem:journl:v:7:y:2021:i:2:p:208-233
    DOI: https://doi.org/10.53486/2537-6179.7-2.11
    as

    Download full text from publisher

    File URL: https://csei.ase.md/journal/files/issue_72/EEJRS_Issue_72_208-233_TIG.pdf
    Download Restriction: no

    File URL: https://libkey.io/https://doi.org/10.53486/2537-6179.7-2.11?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Sabine Sedlacek & Veronika Gaube, 2010. "Regions on their way to sustainability: the role of institutions in fostering sustainable development at the regional level," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 12(1), pages 117-134, February.
    2. Aram TERZYAN, 2019. "The Aftermath of the "Velvet Revolution": Armenia Between Domestic Change and Foreign Policy Continuity," Eastern European Journal for Regional Studies (EEJRS), Center for Studies in European Integration (CSEI), Academy of Economic Studies of Moldova (ASEM), vol. 5(2), pages 24-43, December.
    3. Acemoglu, Daron & Johnson, Simon & Robinson, James A., 2005. "Institutions as a Fundamental Cause of Long-Run Growth," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 6, pages 385-472, Elsevier.
    4. Edward M. Bergman & Attila Varga, 2018. "Innovative potential for development of Europe’s neighbouring countries and regions," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 60(3), pages 443-449, May.
    5. Jordi López-Tamayo & Raul Ramos & Jordi Suriñach i Caralt, 2018. "Economic performance, social progress and institutional reform in European neighbouring countries," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 60(3), pages 613-636, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Cristian Incaltarau & Ilkhom Sharipov & Gabriela Carmen Pascariu & Teodor Lucian Moga, 2022. "Growth and convergence in Eastern Partnership and Central Asian countries since the dissolution of the USSR—embarking on different development paths?," Development Policy Review, Overseas Development Institute, vol. 40(1), January.
    2. Jakob Svensson, 2006. "Osiem pytań na temat korupcji," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 9, pages 77-106.
    3. Samba Mbaye, 2012. "Real Exchange Rate Undervaluation and Growth: Is there a Total Factor Productivity Growth Channel?," Working Papers halshs-00687948, HAL.
    4. Fan, Joseph P.H. & Morck, Randall & Xu, Lixin Colin & Yeung, Bernard, 2009. "Institutions and Foreign Direct Investment: China versus the Rest of the World," World Development, Elsevier, vol. 37(4), pages 852-865, April.
    5. Acheampong, Alex O. & Boateng, Elliot & Amponsah, Mary & Dzator, Janet, 2021. "Revisiting the economic growth–energy consumption nexus: Does globalization matter?," Energy Economics, Elsevier, vol. 102(C).
    6. Renström, Thomas I & Marsiliani, Laura, 2007. "Political Institutions and Economic Growth," CEPR Discussion Papers 6143, C.E.P.R. Discussion Papers.
    7. Vieira, Flávio & MacDonald, Ronald & Damasceno, Aderbal, 2012. "The role of institutions in cross-section income and panel data growth models: A deeper investigation on the weakness and proliferation of instruments," Journal of Comparative Economics, Elsevier, vol. 40(1), pages 127-140.
    8. Cong Minh Huynh & Nam Hoai Tran, 2023. "Financial development, income inequality, and institutional quality: A multi-dimensional analysis," Cogent Economics & Finance, Taylor & Francis Journals, vol. 11(2), pages 2242128-224, June.
    9. Eicher, Theo S. & Schreiber, Till, 2010. "Structural policies and growth: Time series evidence from a natural experiment," Journal of Development Economics, Elsevier, vol. 91(1), pages 169-179, January.
    10. Hafner, Kurt A. & Mayer-Foulkes, David, 2013. "Fertility, economic growth, and human development causal determinants of the developed lifestyle," Journal of Macroeconomics, Elsevier, vol. 38(PA), pages 107-120.
    11. Kholeka Mdingi & Sin-Yu Ho, 2023. "Income inequality and economic growth: An empirical investigation in South Africa," Cogent Economics & Finance, Taylor & Francis Journals, vol. 11(2), pages 2230027-223, June.
    12. Gilles Duranton & Andres Rodríguez-Pose & Richard Sandall, 2009. "Family Types and the Persistence of Regional Disparities in Europe," Economic Geography, Taylor & Francis Journals, vol. 85(1), pages 23-47, January.
    13. Czeglédi, Pál, 2009. "A tulajdonjogi biztonság szerepe a technológia elterjedésében [The role of property-law security in the spread of technology]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(9), pages 790-813.
    14. Henrekson, Magnus & Johansson, Dan, 2010. "Firm Growth, Institutions and Structural Transformation," Ratio Working Papers 150, The Ratio Institute.
    15. Domenico Giannone & Michele Lenza & Lucrezia Reichlin, 2011. "Market Freedom and the Global Recession," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 59(1), pages 111-135, April.
    16. Andrea Ascani & Riccardo Crescenzi & Simona Iammarino, 2015. "Economic Institutions and the Location Strategies of European Multinationals in their Geographical Neighbourhood," LEQS – LSE 'Europe in Question' Discussion Paper Series 97, European Institute, LSE.
    17. Dong, Zhiqiang & Zhang, Yongjing, 2016. "Accumulated social capital, institutional quality, and economic performance: Evidence from China," Economic Systems, Elsevier, vol. 40(2), pages 206-219.
    18. Azariadis, Costas & Stachurski, John, 2005. "Poverty Traps," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 5, Elsevier.
    19. Antonio Fatás & Ilian Mihov, 2013. "Policy Volatility, Institutions, and Economic Growth," The Review of Economics and Statistics, MIT Press, vol. 95(2), pages 362-376, May.
    20. Canavire-Bacarreza, Gustavo & Martínez-Vázquez, Jorge & Vulovic, Violeta, 2013. "Taxation and Economic Growth in Latin America," IDB Publications (Working Papers) 4583, Inter-American Development Bank.

    More about this item

    Keywords

    democracy; governance; economy; Eastern Partnership countries; dynamics;
    All these keywords.

    JEL classification:

    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • O20 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - General
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aem:journl:v:7:y:2021:i:2:p:208-233. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr. Rodica CRUDU (email available below). General contact details of provider: https://edirc.repec.org/data/acecsmd.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.