EU Accession, Institutional Change, Growth and Human Capital

38 Pages Posted: 27 Nov 2018 Last revised: 6 Mar 2023

See all articles by Chander Kant

Chander Kant

Seton Hall University - Economics; Kant Research


We use the experience of ex-socialist countries to examine the roles of initial institutions, and change in institutions upon joining the EU, on growth. Their growth boosted after accession, and human capital was its proximate cause. Communism’s collapse at transition created poor institutions that permitted self-serving behavior of old socialist elite and of new opaque business networks to emerge to exploit the complex environment. Accepting and implementing EU’s regulations and norms in all details puts an end such behavior and improves institutions. Skilled labor with higher than OECD level of human capital at transition needed right institutions to create value it was capable of.

Keywords: initial institutional conditions, opaque versus transparent business networks, “old” vs. “new” ex-socialist countries, proximate factors for growth,

JEL Classification: I25, J24, L14, O43, P27

Suggested Citation

Kant, Chander, EU Accession, Institutional Change, Growth and Human Capital. Available at SSRN: or

Chander Kant (Contact Author)

Seton Hall University - Economics ( email )

United States


Kant Research ( email )

1 Fielding Road
United States
9732025964 (Phone)

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