The impact of democracy in inequality, poverty and development

Development and Democracy are two of the most famous and defended val-ues in the International Relations. However, none of those concepts is easy to define and comprehend. Even more difficult is understand the impact that one has over the other. This work aim to understand and describe the impact that democracy has over development. Here we understand that the main objective of development is to reduce poverty. In order to compare democracy and de-velopment, we make a differentiation between Formal Democracy, based on civil liberties and political rights and mostly restricted to elections and representation in the decision making process; to Participatory Democracy, based on active Civil Activism and focused in direct participation in the decision making process.