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Regional Integration and the Rule of Law

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  • Christian Danne

Abstract

This paper constructs agreement specific instruments in order to estimate the effect of membership in a regional cooperation agreement (RCA) on institutional change. For a sample of 144 emerging and developing economies, the results show that membership in a RCA explains a significant part of the cross country variation in institutional reforms. EU and NATO-related agreements are an important reason why emerging markets in Eastern Europe and Central Asia have been better reformers despite their socialistic heritage. RCAs are a main factor why African economies are still doing very poorly in terms of institutional reforms. I show that the construction of the RCA and the willingness delegate sovereignty is behind the effect on institutions and is an important.

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  • Christian Danne, 2015. "Regional Integration and the Rule of Law," FIW Working Paper series 157, FIW.
    • Handle: RePEc:wsr:wpaper:y:2015:i:157
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    More about this item

    Keywords

    Economic institutions; reforms; regional cooperation;
    All these keywords.

    JEL classification:

    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations

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