One of the most troubling critiques of contemporary democracy is the inability of representative governments to regulate the deluge of money in politics. If it is impossible to conceive of democracies without elections, it is equally impractical to imagine elections without money. Costs of Democracy is an exhaustive, ground-breaking study of money in Indian politics that opens readers’ eyes to the opaque and enigmatic ways in which money flows through the political veins of the world’s largest democracy. Through original, in-depth investigation—drawing from extensive fieldwork on political campaigns, pioneering surveys, and innovative data analysis—the contributors in this volume uncover the institutional and regulatory contexts governing the torrent of money in politics; the sources of political finance; the reasons for such large spending; and how money flows, influences, and interacts with different tiers of government. The book raises uncomfortable questions about whether the flood of money risks washing away electoral democracy itself.

If the funding of parties and campaigns is a crucial issue for democratic theory and practice, then the spread of State subsidies for parties is, arguably, the most important trend in contemporary political finance. Using a large data set on political financing in more than 40 democracies, the book offers an unprecedented comparative study of the features of party subsidies and their effects on campaign finance practices, party systems and party organisations. The book also provides a detailed empirical account of campaign finance in two of Latin America's most consolidated democracies. Drawing upon extensive archival work and interviews, this work sheds light on largely hidden aspects of politics in the developing world and questions widespread beliefs about political finance, such as the rapid increase of campaign costs and the crucial role of television in this trend.

This book is an in-depth exploration of political finances in and among mature and developing democracies of the world of politics in most continents: Japan and South Korea in Asia; Brazil in South America; Mexico and the United States in North America; and Italy, Germany, and Spain in Europe.

Illustrated by in-depth empirical research from seven country studies, Gendered Electoral Financing is the first cross-regional examination of the nexus between money and political recruitment across the world.

On cover & title page: Integrated project "Making democratic institutions work"

This handbook provides a general description of the different models of political finance regulations and analyses the relationship between party funding and effective democracy. The most important part of the book is an extensive matrix on political finance laws and regulations for about 100 countries. Public funding regulations, ceilings on campaign expenditure, bans on foreign donations and enforcing an agency are some of the issues covered in the study. Includes regional studies and discusses how political funding can affect women and men differently, and the delicate issue of monitoring, control and enforcement of political finance laws.

This book studies how American political reform efforts often fail because of the unrealistic ideal of a fully informed and engaged citizenry.