Money has too big a voice in politics of advance economies: OECD report
As a result, people increasingly feel that democracy is not working in their favour
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Tokyo
MONEY is having too much influence on politics in many of the world's economically-advanced nations, the Organisation for Economic Cooperation and Development (OECD) has charged in a report which comes at a time when certain Asian countries are faced with similar issues.
Countries need effective "sanctions against breaches of political finance regulations" if faith in democratic government is to maintained, says the hard-hitting report by the Paris-based OECD.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar