@article{article_363157, title={The Relationship Between Institutions and Economic Performance: Theoretical Framework}, journal={The Journal of International Scientific Researches}, volume={2}, pages={109–118}, year={2017}, DOI={10.23834/isrjournal.363157}, author={Çiçen, Yıldırım Beyazıt}, keywords={Kurumlar,Ekonomik Performans,Hukukun Üstünlüğü,Demokrasi,Mülkiyet hakları,Demokrasi}, abstract={<p class="MsoNormal" style="text-align:justify;"> <i> <span style="font-size:10pt;">In this study, the relationship between
institutions and economic performance is theoretically addressed. According to
the recent literature, institutions are regarded as the main cause of economic
growth differences in countries. According to the literature, good institutions
that improve economic welfare can be examined under three headings: the
applicability of property rights, the restriction of politicians and other
strong groups and the equality of opportunity. In our study, the fundamental
characteristics that determine this relationship are examined under the title
of property rights, legal system-the rule of law and the government structure
and democracy in a broader way. Secondly, if the rule of law is not in
question, the rights arising from the independent judiciary shall not work
properly and the contract will be unfulfilled.. Investments and growth will be
negatively affected by this situation. In the third title, the conclusions of
democracy-growth are different.  The studies in the literature are at the
point where the democracy and the autocracy have more positive results on
growth comparatively. </span> </i> </p>}, number={7}, publisher={Salih YILDIZ}