Open AccessDemocratic and Market Governance in Romania: Between Domestic Politics and EU Accession
Author(s) -
Patricia T Young
Publication year - 1970
Publication title -
review of european and russian affairs
Language(s) - English
Resource type - Journals
ISSN - 1718-4835
DOI - 10.22215/rera.v4i1.194
Subject(s) - accession , democracy , corporate governance , politics , european union , institution , political science , good governance , economic reform , economic system , political economy , business , economic policy , economics , law , finance
Institutional reforms to regulate the market environment and the proper functioning of democracy have been mandated by the European Union to accession countries. In spite of the uniform creation of such regulatory frameworks, governance problems persist, especially in the newest members of the EU. I analyze the institution al reform record in both market and political governance, as well as the effectiveness of these institutions, in the case of Romania, one of the laggards of reform. I argue that the EU did significantly support reform efforts, but insufficient domestic commitment to reform has resulted in ineffective institutions.