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Financing Democracy

Funding of Political Parties and Election Campaigns and the Risk of Policy Capture

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The recent debate on the role of money in politics has shed the light on the challenges of political finance regulations. What are the risks associated with the funding of political parties and election campaigns? Why are existing regulatory models still insufficient to tackle those risks? What are the links between money in politics and broader frameworks for integrity in the public sector? This report addresses these three questions and provides a Framework on Financing Democracy, designed to shape the global debate and provide policy options as well as a mapping of risks.  It also features country case studies of Canada, Chile, Estonia, France, Korea, Mexico, United Kingdom, Brazil and India, providing in-depth analysis of their political finance mechanisms and challenges in different institutional settings.

 

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Fostering a culture of integrity among political parties, public officials and donors

This chapter looks at the importance of fostering a culture of integrity to effectively promote a holistic approach to connect surrounding integrity issues such as lobbying and conflict of interest, in order to better understand the impact of money in politics on the quality of polices. Controls of party and election funding are likely to be ineffective if they exist in isolation. On their own, they are likely to result merely in the re-channelling of money spent to obtain political influence through lobbying and other means.

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