In its recent Human Development Report, the United Nations Development Program (UNDP) concluded that democracy deficit puts human development and security at risk. The report says that throughout the 1980s and 1990s political development had been regarded subordinate to economic growth, which proved disastrous to global human development. At the end of twentieth century a wave of democratisation emerged forcing authoritarian regimes to implement democratic reforms. Nevertheless, a reverse wave has been triggered off by political instability in recent years causing global economic decline. A new wave of democracy building is said to be urgently required to guarantee future global economic development.