There is a close relationship between institution and governance.Institution is the basis of governance,and governance is carried out on the basis of institution.The early institutionalists focused on the holistic,constitutional and formal institutional arrangements in ...MORE There is a close relationship between institution and governance.Institution is the basis of governance,and governance is carried out on the basis of institution.The early institutionalists focused on the holistic,constitutional and formal institutional arrangements in state and social governance.But in recent twenty yea...