Significance of the day. According to UNESCO, the International Day of Democracy serves as an opportunity to assess the state of democracies in the world. It also gives a chance to highlight the crucial role of parliaments and to celebrate their capability to deliver justice, development, human rights, and peace. International Day of Democracy provides an opportunity to review the state of democracy in the world. Democracy is as much a process as a goal, and only with the full participation of the international community, can the ideal of democracy be made into a reality.