Financing of elections. Review of Law N° 1984 on Transparency, Limit and Control Election Spending

Abstract

The author argues that the system of financing of the electoral campaigns do not effectively respond to the objectives of "Transparency, Limit and Control of the Electoral Cost" that give name to the law. A financing system that gives to the electorate little information about the donors and donees is foundation for mistrusts into institutions which ends up weakening democracy. The purpose of this study is to examine the model structured by the legislature and contrast it with its application. It also seeks to show that the current system encourages a disproportionate asymmetry of information as does not allow control of legal funding limits.