Replacing the classic factors of production, knowledge, in other words “mental creativity”, constitutes the real source of the wealth in today’s world. The mankind is the source of this creativity is highly esteemed as the holiest body. In this new period following the industrial era, the nation-state concept has gone beyond the borders; and the new dynamics of globalization have emerged, which would be shared through the same values and organizational forms by all the people as a whole. In this new and “people-oriented” world system, “good governance” constitutes the new mode of rule. Presence of the institutions established on good governance is essential factor for economic development. Making certain changes in legal regulations is not enough to establish these institutions. In this study, contributions of the European Union accession process which is an important motivation for progress in Turkey and its contributions to institutionalization in the country for realization of the good governance principles shall be discussed. Keywords: Good governance, European Union, good governance in Turkey.
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