The Age of Kleptocracy

Geopolitical Power, Private Gain
Book •
This Foreign Affairs piece by Alexander Cooley and Daniel Nexon examines how kleptocratic networks and transnational corruption have become instruments of statecraft, reshaping global power dynamics.

The authors argue that illiberal regimes leverage capital mobility, shell companies, and reputation laundering to exert influence internationally while enriching elites.

They trace how these mechanisms infiltrate Western institutions and complicate traditional concepts of order and governance.

The article situates kleptocracy within broader shifts in international ordering, pointing to policy implications for sanctions, regulation, and strategic competition.

It serves as a concise synthesis of the authors' broader research on authoritarian resurgence and corruption in foreign policy.

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Transnational Corruption in Foreign Policy Today

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