The effects of convergence in governance on capital accumulation in the Black Sea Economic Cooperation countries

Ahmet Faruk Aysan; Ömer Faruk Baykal; Marie Ange Véganzonès-Varoudakis

doi:10.4337/9780857931771.00012

The effects of convergence in governance on capital accumulation in the Black Sea Economic Cooperation countries

Ahmet Faruk Aysan^*
, Ömer Faruk Baykal
, Marie Ange Véganzonès-Varoudakis

^*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

Abstract

In an increasingly interdependent world, regionalization is considered
as a means of collaboration and integration among member states. The
Black Sea Economic Cooperation (BSEC) project is a regional economic
co-operation arrangement established on 25 June 1992 by 11 coun-
tries: Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova,
Romania, the Russian Federation, Turkey and Ukraine. The region con-
stitutes a sizeable market with a population of over 350 million people. The
main aim of BSEC is to develop and diversify existing economic relations
among its members, by making efficient use of the advantages arising from
their geographical proximity. At the same time, BSEC is expected to help
transform the centrally planned economies and improve economic and
social integration through intra-regional convergence of governance insti-
tutions and inter-regional convergence with the European Union (EU)

Original language	English
Title of host publication	Does Economic Governance Matter?
Subtitle of host publication	Governance Institutions and Outcomes
Publisher	Edward Elgar Publishing
Pages	119-133
Number of pages	15
ISBN (Print)	9780857931764
DOIs	https://doi.org/10.4337/9780857931771.00012
Publication status	Published - 31 Aug 2011
Externally published	Yes

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10.4337/9780857931771.00012

Cite this

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title = "The effects of convergence in governance on capital accumulation in the Black Sea Economic Cooperation countries",

abstract = "In an increasingly interdependent world, regionalization is considered as a means of collaboration and integration among member states. The Black Sea Economic Cooperation (BSEC) project is a regional economic co-operation arrangement established on 25 June 1992 by 11 coun- tries: Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, the Russian Federation, Turkey and Ukraine. The region con- stitutes a sizeable market with a population of over 350 million people. The main aim of BSEC is to develop and diversify existing economic relations among its members, by making efficient use of the advantages arising from their geographical proximity. At the same time, BSEC is expected to help transform the centrally planned economies and improve economic and social integration through intra-regional convergence of governance insti- tutions and inter-regional convergence with the European Union (EU)",

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The effects of convergence in governance on capital accumulation in the Black Sea Economic Cooperation countries. / Aysan, Ahmet Faruk; Baykal, Ömer Faruk; Véganzonès-Varoudakis, Marie Ange.
Does Economic Governance Matter?: Governance Institutions and Outcomes. Edward Elgar Publishing, 2011. p. 119-133.

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

TY - CHAP

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AU - Véganzonès-Varoudakis, Marie Ange

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SP - 119

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BT - Does Economic Governance Matter?

PB - Edward Elgar Publishing

ER -

The effects of convergence in governance on capital accumulation in the Black Sea Economic Cooperation countries

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