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“Election Campaign Funding” - The Crisis Undermining Global Democracy.
Democratic elections are the cornerstone of political legitimacy. However, Election campaign funding has become a critical issue in modern democracies, influencing the integrity and fairness of electoral processes. Campaign financing, originally intended to enable free and fair competition, has become a tool that serves a select few, drowning out the voices of the many. Across continents, moneyed interests distort electoral competition, undermining public trust. Research suggests that such massive injections of funds distort democratic fairness. In a study by the International Institute for Democracy and Electoral Assistance (IDEA), countries with high campaign financing inequalities tend to experience greater voter apathy, declining trust in public institutions, and more frequent incidents of post-election violence.
It is time now to address the growing influence of unchecked money in Election Campaigns. Failure to act shall undermine the very fabric of democracy across the globe. Governments must urgently implement stringent campaign finance reforms to restore faith in democratic elections. Without transparency, democracy withers; without accountability, trust evaporates.
The path forward demands immediate action: strict disclosure laws, caps on donations, and the public financing of campaigns. Global cooperation, enforced through binding international standards, is vital to prevent cross-border illicit financing. The world’s top democracies must lead by example—failing to act now will only embolden authoritarian regimes and erode public faith in democratic governance. Citizens must demand reforms that secure fair and transparent elections, and governments must rise to the occasion. Every delay, every loophole left unchecked, shall be a blow to the future of free and fair elections, and will hamper public’s trust in democracy itself. We all collectively, must help in preventing that from happening. Democracies, and public faith in democratic form of governance, must continue to thrive.
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