Publication detail

Development of formal and informal institutions in the Czech Republic and other new EU Member States before the EU entry: did the EU pressure have impact?

Author(s): doc. PhDr. Adam Geršl Ph.D.,
Type: IES Working Papers
Year: 2006
Number: 4
ISSN / ISBN:
Published in: IES WP 2006/4
Publishing place: Praha
Keywords: business environment; institutions; EU enlargement; corruption
JEL codes: K200, K400, P300
Suggested Citation: Geršl, A. (2006). “Development of formal and informal institutions in the Czech Republic and other new EU Member States before the EU entry: did the EU pressure have impact? ” IES Working Paper 4/2006, IES FSV. Charles University.
Grants: IES Research Framework Institutional task (2005-2011) Integration of the Czech economy into European union and its development
Abstract: The paper compares the quality of the institutional framework of the Czech Republic with other new EU Member States and the EU 15 average using the World Bank data on Governance Indicators and argues that the pressure from the EU institutions during the accession negotiations period to reform the legal framework was not sufficient to improve significantly the business environment. Among factors that prevented the improvement of institutions the influence of strong interest groups, ineffective enforcement of legal rules and corruption are discussed and empirically illustrated using data on “state capture”
Downloadable: WP 2006_4 Gersl

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