What does it mean to pursue good governance, nationally and globally? For that matter, what is good governance? Should all nations aspire to the same ideal? Does the venerable democratic model make sense for nations emerging from dictatorships or tribal histories? Can civilian rule be counted on to trump a heritage of military dominance? What can attract investors to transitioning states when "reform" often means uncertainty? The worldwide financial crisis caused many to question the dominant political-economic structures that strong countries built over decades. China has found a recipe for growth in its merging of economic liberalization and political repression. Even old democracies are not devoid of poor infrastructure, rampant corruption and lax enforcement of good laws. Our panel of global thinkers probes the challenges for governments and businesses in a time of profound economic and geopolitical change.