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This report outlines the pandemic's impact on corruption risks in Mexico, Brazil, and Argentina. The case studies highlight how the Covid-19 pandemic has increased the risk of weak institutions and corrupt actors’ actions in each of the three profiled countries; provide country-specific examples that have the potential for corruption due to Covid-19 conditions; recommendations to mitigate corruption risks; and how specifically transnational components of corruption can create a threat to democracy, particularly during the Covid-19 pandemic.