Oireachtas Joint and Select Committees

Thursday, 12 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Dr. Elaine Byrne:

Frank Underwood said, "Power is more important than money but when it comes to elections, money gives power, well, a run for its money". In its recent publication on the importance of political donations within a democracy which was published last month, the International Institute for Democracy and Electoral Assistance in Sweden, where I have done some consultancy work, said that democracy was ultimately about popular control over decision making and should, in theory, allow for a system in which citizens and electoral candidates participate on politics on fair and equal terms.