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This book focuses on three core questions. Is democratic governance good for economic prosperity? Has this type of regime accelerated progress toward achieving the Millennium Development Goals, social welfare, and human development? Does it generate a peace-dividend and reduce conflict at home? Despite the importance of understanding these questions and the vast research literature generated, remarkably little consensus has emerged about any of these issues. Within the international community, democracy and governance are widely advocated as intrinsically desirable and important goals. Nevertheless, alternative schools of thought continue to dispute their consequences - and thus the most effective strategy for achieving a range of critical developmental objectives. Some believe that human development is largely determined by structural conditions in each society, such as geographic location, natural resources, and the reservoir of human capital, so that regimes have minimal impact. Oth
