(EU) after the 1995 enlargement. Our main finding is that the relationship between bureaucratic independence and judiciary … capacity seems to be the key engine of the process of state capacity building engendered by the prospect of EU membership. Deep …

European Union (EU) in the 1973, 1980s, 1995 and 2004 enlargements, if those countries had not joined the EU. We find large … positive effects from EU membership but these differ across countries and over time (they are only negative for Greece). We …

Eastern European and Former Soviet Union countries diverged massively. Institutions are a main reason. The EU anchor thesis … posits that the prospect of membership in the European Union (EU) played a key role in filling in the institutional vacuum …, focusing on whether the prospect of EU membership accelerated institutional development and, if so, whether this was indeed …

This paper explores the impact of EU membership on foreign direct investment (FDI). It analyses empirically how the … gravity framework on annual bilateral FDI data for almost every country in the world, over 1985-2018, we find EU membership … leads FDI into the host economy to be about 60% higher for investment from outside the EU, and around 50% higher for intra-EU …