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Yönetişim ve Kurumlar Terimlerinin İktisat Literatüründeki Yükselişi
[An Investigation on the Rise of Governance and Institution Concepts in Economics Literature]

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  • Aysan, Ahmet Faruk

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.

Suggested Citation

  • Aysan, Ahmet Faruk, 2006. "Yönetişim ve Kurumlar Terimlerinin İktisat Literatüründeki Yükselişi [An Investigation on the Rise of Governance and Institution Concepts in Economics Literature]," MPRA Paper 5488, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:5488
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    References listed on IDEAS

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    More about this item

    Keywords

    Governance; Institutions; Growth; Development; Institutional Economics; Post Washington Consensus;
    All these keywords.

    JEL classification:

    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
    • B15 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Historical; Institutional; Evolutionary
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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