Election Finance Regulation in Emerging Democracies: Lessons from Canada and the U.S
AbstractElection finances are usually lightly regulated in emerging democracies. As these democracies mature they seek to impose campaign spending limits, limits on contributions, and disclosure laws. The present paper reviews the experience with such laws in the United States and Canada and contrasts the public interest arguments for such laws with research emerging which suggests that campaign finance law may be used to stifle electoral competition. The paper surveys major research in the field and focuses particular attention on reporting and disclosure regulations. These regulations can impose costs on new candidates which cripple their ability to compete with established candidates. The paper also highlights the potential dangers of limiting what independent citizens' groups may spend during elections.
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Bibliographic InfoPaper provided by EconWPA in its series Public Economics with number 0111010.
Length: 44 pages
Date of creation: 14 Nov 2001
Date of revision:
Note: Type of Document - PDF; prepared on IBM PC ; to print on HP/PostScript; pages: 44 ; figures: included. PDF document may be viewed or printed
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Campaign finance; spending limits; campaign contributions; electoral competition;
Find related papers by JEL classification:
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- K39 - Law and Economics - - Other Substantive Areas of Law - - - Other
This paper has been announced in the following NEP Reports:
- NEP-ALL-2001-11-21 (All new papers)
- NEP-LAW-2001-11-21 (Law & Economics)
- NEP-POL-2001-11-21 (Positive Political Economics)
- NEP-REG-2001-11-21 (Regulation)
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