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Zombies and Coma

  • Evgeny Vinokurov
  • Alexander Libman
Chapter

Abstract

The chapter focuses on regional organizations that do not serve any expressive or instrumental goals, but instead are used by their bureaucrats as a source of rents or even survive because of the negligence and lack of attention of the political decision-makers. The main goal is to identify the preconditions for the survival of these organizations. First, the chapter looks at two cases of regionalism driven by bureaucratic rents entirely: the Interstate Bank (created by the post-Soviet countries to facilitate monetary transactions but eventually stripped of any practical goals) and the Organization of Arab Petroleum Exporting Countries (created to coordinate the oil export policies, but eventually unable to compete with OPEC in this capacity). The chapter also studies the case of the Eurasian Economic Community: after the member states established a new regional organization to promote cooperation (the Customs Union of Russia, Belarus, and Kazakhstan) any activity within the Community ceased, but the organization continued to exist for several years.

Keywords

Bureaucratic rent-seeking Interstate Bank Organization of Arab Petroleum Exporting Countries Eurasian Economic Community 

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Copyright information

© The Author(s) 2017

Authors and Affiliations

  • Evgeny Vinokurov
    • 1
  • Alexander Libman
    • 2
  1. 1.Centre for Integration StudiesEurasian Development BankSt. PetersburgRussia
  2. 2.Ludwig Maximilians University of MunichMunichGermany

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