There have been enormous efforts to spread democracy as a political system throughout the world by the developed democratic countries and the international development organizations including the World Bank. By the late 1990s the United States alone spent over a half billion dollars to promote democratic expansion throughout the world (Diamond, 2003). These were done considering that the democratic system leads towards development. As a result in the late 20th century we saw a huge political transformation towards democracy. During the last few decades a huge number of countries adopted democracy as their political system. However, it retain a big question how far democracy is successful in bringing development of a country? At this stage, some people also criticizes the effort of democratization arguing that it is done without considering the context of a country, sometimes democracy is not ideal for all countries and it is an effort to extinct diversity of political system. In studying the literature regarding the debate, we found a paradoxical relationship between democracy and development. Some argue that democracy has failed to ensure expected outcomes in terms of development. While others confronted that democracy has a considerable impact on development. Another group of people argue that form of political system actually does not have any impact on development process. On the verge of these debates, some development institutions and academics throw light on why democracy is not working properly, and what measure should be taken to make it more successful in bringing effective development of developing countries. Consequently, this writing is an effort of revisiting the different views about impact of democra...
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