The Interaction between democracy and development:
"While democracy and development had long been concepts largely foreign to each other, there is now widespread agreement that a close relationship exists between them. In particular, the Panel recognized that the sustainability of equitable development is closely bound up with democracy. It maintained that genuine democracy, characterized by the rule of law, respect for human rights and recognition of the intrinsic dignity of all human beings, cannot be maintained unless people enjoy a minimum standard of living, which in turn requires a minimum level of development."
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