Why does Money in Politics matter for Democracy?
Channel: International IDEA
Date: 2021-02-25

Money is a necessary component of any democracy: it enables political participation, campaigning and representation. However, if not effectively regulated, it can undermine the integrity of political processes and institutions and jeopardize the quality of democracy.

Thus, regulations related to the funding of political parties and election campaigns, commonly known as political finance are a critical way to promote integrity, transparency and accountability in any democracy.

International IDEA has for over 20 years been working on the issue of Money in Politics (MiP), and contributes to the discussion of political finance reforms by analysing trends, opportunities and challenges related to money in politics.

Our work in this area includes:​​

- Providing legislative advice upon request, to countries undergoing legal reforms, for example, by assisting with the drafting and review of legislations. We also provide technical assistance to political parties and oversight agencies in implementing existing regulations, for example, through reporting and disclosure procedures. ​​

- Producing global comparative knowledge and research on political finance regulations in order to better understand the state of money in politics, as well as its challenges and possible solutions. As part of our research, we produce a range of publications, databases and tools, and carry out advocacy work. ​​

- Convening global and regional conferences to contribute to wider policy debate on money in politics and promote peer to peer learning. We provide unique platforms in which political finance stakeholders exchange good practices and lessons learned on the design and implementation of effective political finance systems.


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