I recently attended a very interesting conference on democratization in East and Southeast Asia, sponsored by the University of Louisville's Center for Asian Democracy, during which there was some discussion of the differentiation between the terms we use to identify varying governance systems and governance-related phenomena. At times we use the terms "democratization," "political liberalization", "political opening," and "good governance" almost interchangeably, when in fact they of course can refer to very different things depending on the perspective and intent of the speaker. In particular, I got to thinking a bit more about the distinction between the field of democratization studies and the field of good governance studies. With respect to the former, there is a longstanding and well-referenced theoretical literature pertaining to political transitions, and a good number of competing "theories of change," each with its own backers, detractors, and robust line of argumentation.