Yönetişim ve Kurumlar Terimlerinin İktisat Literatüründeki Yükselişi

An Investigation on the Rise of Governance and Institution Concepts in Economics Literature

Ahmet Faruk Aysan

MPRA Paper from University Library of Munich, Germany

Abstract: This paper investigates the rising and trendy research on institutions and governance. First, the governance and institution concepts are defined and their differences are illustrated. When one considers the existing research on the governance and institutions, the governance as a concept is mostly used in reference to the outcomes. However, the institution concept usually refers to the underlying reasons for the outcome of governance. After dwelling on the conceptual framework to categorize the governance and institutions, this paper analyzes how the existing studies on governance and institutions categorize various different forms of governance and institutions. The agency based and structural reasons for the resurgence of the governance and institutional research are also explored in this study. The studies of Daron Acemoğlu et al. are specially denoted as an agency based reasons for the recent interest in the governance and institution studies. Structural reasons, on the other hand, are associated with the recent adoption of Post Washington Consensus. Finally, in this paper, the reasons to achieve better governance and more quality institutions are classified under three broad categories as the economic, political and cultural reasons. With this conceptual framework, the research on the governance and institutions literature will be approached more analytically.

Keywords: Governance; Institutions; Growth; Development; Institutional Economics; Post Washington Consensus (search for similar items in EconPapers)
JEL-codes: B15 F43 P48 (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:5488

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