A/HRC/43/45/Add.1 52. Full respect for due process and human rights is critical to rebuilding democratic institutions and the rule of law, pursuing national reconciliation and achieving sustainable development in the Plurinational State of Bolivia. As highlighted in the guiding principles on human rights impact assessments of economic reforms, all human rights are indivisible and interdependent. Full respect for civil and political rights is the key to ensuring that policymaking processes are truly inclusive, participatory and representative, in turn laying the foundation for sustainable development and the realization of economic, social and cultural rights. V. Conclusions and recommendations 53. In light of the latest political developments in the Plurinational State of Bolivia, it is worth recalling that democracy, the rule of law and full respect for human rights are the building blocks of inclusive growth and sustainable development. The brutal acts of repression and violence against the population by State agents in the aftermath of the presidential elections – in particular after the resignation of Mr. Morales – painfully attest to the fact that those building blocks have been destroyed. There is no place for sustainable and inclusive development unless democratic institutions are restored on the basis of full respect for human rights. 54. The Plurinational State of Bolivia has been remarkably successful in turning itself into one of the thriving economies in the region. The export boom in hydrocarbons, coupled with strong and continuous public investment and increased domestic consumption, have been the engine of economic growth. The Government has in recent years determinedly dedicated increased fiscal revenues to public investments, which has contributed to a significant reduction in poverty and inequality, as well as to social inclusion. 55. After many years of success in expanding the economy and promoting social inclusion, the growth of fiscal revenue slowed down due to the fall in commodity prices in 2014. Nevertheless, instead of turning to austerity measures, the Government maintained the high level of public investment and resorted to international reserves and external borrowing as alternative sources of finance. There is an emerging need to reassess the economic sustainability of the prevailing model, in view of the fiscal imbalance caused by the rapid loss of international reserves and the increased public debt. The change in the fiscal revenue matrix has further accentuated the existing structural constraints in the economic and social system, including limited economic diversification, the regressive tax system, the large degree of informality and the uneven distribution of fiscal revenue to subnational governments. For the model to contribute to the full realization of human rights, its structural constraints need to be evaluated and addressed on the basis of a human rights framework. As highlighted in the guiding principles on human rights impact assessments of economic reforms, fiscal, monetary, tax, social labour market and other public policies must be coherent and coordinated, so that they contribute to the ultimate goal of achieving the greater respect for protection and promotion of human rights. 56. Furthermore, while economic growth has brought many benefits to the population, there is a need for deeper reflection on rising tensions in relation to different values and goals, such as: mass consumption and the concept of living well; property and collective rights and solidarity on the one hand, and individualism propelled by the market economy on the other; and extractivism and the protection of Pachamama (Mother Earth) in line with the vision of the Patriotic Agenda 2025. Reflection on these values and goals is all the more urgent and critical in light of the latest political developments in the country. 57. Under international human rights law, States have an obligation to progressively realize the economic, social and cultural rights of people within its territory, including the rights of everyone to an adequate standard of living and the continuous improvement of living conditions. These rights cannot be reduced to exponential economic growth and mass consumption of goods and services, and an 17