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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

Published Sun, Feb 7, 2016 · 09:50 PM

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    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.

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