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The External Incentives Model Embedded : Evidence From the European Union's Eastern Neighbourhood
Title / Series / Name
Publication Volume
Publication Issue
Pages
Authors
Editors
Keywords
EU
Eastern Neighbourhood
cost–benefit balance
external incentives model
informal institutions
transformation costs
Business and International Management
General Business,Management and Accounting
Economics and Econometrics
Political Science and International Relations
Eastern Neighbourhood
cost–benefit balance
external incentives model
informal institutions
transformation costs
Business and International Management
General Business,Management and Accounting
Economics and Econometrics
Political Science and International Relations
URI
https://hdl.handle.net/20.500.14018/27717
Abstract
The external incentives model (EIM) proved highly compelling in explaining Europeanization and rule adoption in countries from Central, Eastern and Southeast Europe. Building on the EIM, the present article seeks to contribute along three key objectives. First, it proposes to re-evaluate the EIM for the Eastern European Neighbourhood Policy (ENP) region: Armenia, Azerbaijan, Georgia, Moldova and Ukraine. Second, the paper introduces a conceptual distinction between domestic transformation costs and regulatory costs. Third, it integrates and evaluates the EIM in a broader framework, incorporating domestic and alternative international conditions. The paper combines theory-guided case comparisons and panel data analysis, based on a dataset with evidence collected from the Eastern ENP countries. The study corroborates the EIM and finds that higher domestic transformation costs lead to lower levels of democratic development and a positive cost–benefit balance of transformation, on the other hand, tends to encourage democratic consolidation in the Eastern ENP region.
Topic
Publisher
Place of Publication
Type
Journal article
Date
2023-09-03
Language
ISBN
Identifiers
10.1111/jcms.13532