FP Virtual Dialogue: Corruption and Democratic Decay

March 24, 2022

How corruption is creating cracks in democracies’ foundations and what countries can do to stop it.

Pervasive corruption is ever-present in a global political landscape plagued by democratic backsliding. As the financial consolidation of power and the abuse of state resources erode public faith in institutions and undermine growth and development, both budding and established democracies are under threat. These trends are exemplified by Transparency International’s (TI) reports that private interests and opaque campaign finance systems are increasing corruption perceptions in both the European Union and the United States.

As the authoritarian invasion of Ukraine catapults the defense of democracy into the international consciousness, democratic leaders around the world seek to emphasize the connection between corruption and unjust power systems. Initiatives such as the Biden administration’s Summit for Democracy and Strategy on Countering Corruption and collaborations like the new US-UK-EU Inter-Parliamentary Alliance Against Kleptocracy prove critical. However, despite commitments to protect democracy and counter corruption, the means and methods to track and understand the impact of illicit financial flows have barely gotten off the ground. How can the U.S. and its global allies compel actionable change, and how can stakeholders collaboratively and effectively combat corruption at home and around the world?

Foreign Policy, in partnership with the International Foundation for Electoral Systems (IFES), hosted a timely conversation with changemakers and experts on trends in political corruption and authoritarianism, key takeaways from the Summit for Democracy, and how to strengthen and employ an effective anti-corruption strategy to safeguard democracies around the world.

Join the conversation online using #OpaquePolitics.

In partnership with

Speakers
Anthony Banbury
President & Chief Executive Officer, IFES
Anthony "Tony" Banbury joined the International Foundation for Electoral Systems (IFES) as President and Chief Executive Officer on November 1, 2018. Prior to joining IFES, Tony...
Banbury_Headshot
Banbury_Headshot
Bill Browder
CEO, Hermitage Capital; Head of Global Magnitsky Justice Campaign; Author, Red Notice and Freezing Order
Bill Browder is the founder and CEO of Hermitage Capital Management, which was the investment adviser to the largest foreign investment fund in Russia until 2005, when Bill was ...
Browder_Bill_2022
Browder_Bill_2022
Katherine Ellena
Director, Center for Anti-Corruption and Democratic Trust, IFES
Katherine Ellena is Director of IFES’ new Center for Anti- Corruption and Democratic Trust, which is focused on improving the ability of democracies to deliver for all people ...
Screen Shot 2022-03-04 at 11.18.07 AM
Screen Shot 2022-03-04 at 11.18.07 AM
Justyna Gudzowska
Director of Illicit Finance Policy, The Sentry
Justyna Gudzowska has spent over a dozen years combating financial crime.  She currently serves as the Director of Illicit Finance Policy at The Sentry, an investigative and po...
justyna linkedin
justyna linkedin
Michael Johnston
Charles A. Dana Professor of Political Science, Emeritus, Colgate University
Michael Johnston (Ph. D. Yale University, 1977) is the Charles A. Dana Professor of Political Science Eme...
Screen Shot 2022-03-04 at 11.22.03 AM
Screen Shot 2022-03-04 at 11.22.03 AM
Miranda Patrucic
Deputy Editor in Chief, Regional and Central Asia, Organized Crime and Corruption Reporting Project
Based in Sarajevo, Miranda Patrucic joined OCCRP in 2006 and is the deputy editor in chief for regional stories and Central Asia. She oversees regional editors around the world ...
Patrucic_Miranda_2022
Patrucic_Miranda_2022
Ravi Agrawal
EDITOR IN CHIEF, FOREIGN POLICY. Event Moderator
Ravi Agrawal is the editor in chief of Foreign Policy. Before joining FP, Agrawal worked at CNN for more than a decade, including his most recent position as the network’s New...
agrawal-Ravi-FP-Live_FP008
agrawal-Ravi-FP-Live_FP008

For more information, contact Susan Sadigova, Vice President of Strategic Development.