This post is also available in: Português Español

One of the most complex challenges in political financing regulation is to ensure the effective application of controls which, in very different ways, almost all democratic systems have adopted in recent decades. The truth is that there are very few countries in which violations lead to actual consequences for political actors.

This article is only available in Spanish. Click here to download an English-language copy of Kevin Casas-Zamora’s latest English-language piece on campaign finance, “The Cost of Democracy:
Campaign Finance Regulation in Latin America,” with Daniel Zovatto (Brookings Institution, July 2015).