While the trend of democratic decline has been observed for several years, the Covid-19 pandemic has exacerbated the situation, with some countries seeing it as a pretext to tighten their grip on power beyond the necessary health measures. Covid-19 has become a major threat to democracy, and with recently published reports pointing to a decline in the quality of democracy, the Montreal Institute of International Studies (IEIM) and its members are concerned about the current state of democracy in the world. To contribute to the global debate, IEIM is organizing a panel on Democracy in the world: state of play, challenges, and perspectives