While Argentina and smaller countries from around the region have successfully improved perceived levels of corruption, many regional heavy hitters have slipped severely or remain among the world’s most corrupt governments.
A new report reveals that, on average, illicit finance for a governor’s election is ten times higher than legal funding. Most of that money goes to buying votes and comes at a cost of political favoritism, sometimes to criminal groups.
Like their conservative predecessors, left-leaning presidents in Latin America have shown a tendency to fall for the vice of corruption. Recent studies argue the causes stem from more than just an absence of ethics but also high levels of inequality.