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Decentralization or decentralisation is the process by which the activities of an organization, particularly those regarding planning and decision-making, are distributed or delegated away from a central, authoritative location or group and given to smaller factions within it. [1]
Decentralization transfers authority and responsibility of major government functions from central to sub-national governments — including local governments, civil society, and the private sector.
In its most general term, decentralization refers to the transfer of authority from a central government to a sub-national entity. But beyond this general definition, the process of decentralization is a complex undertaking, taking on different meanings in different...
Decentralization—the transfer of authority, responsibility and resources over public function from the central government to local governments or other local entities—is one of the most significant public sector reforms pursued by countries around the world.1,2 Over the past 25 years, countries on every continent have pursued substantial decentr...
In blockchain, decentralization refers to the transfer of control and decision-making from a centralized entity (individual, organization, or group thereof) to a distributed network.
Jun 11, 2024 · The transfer of authority, responsibility, and resources from the central government to (elected) local governments. In addition, decentralization can be segmented is by the nature or type of power that is being decentralized, resulting in three dimensions of decentralization: Political decentralization.
Apr 7, 2024 · Definition of Decentralization. Decentralization refers to the distribution of authority, power, and decision-making from a central governing body to smaller units or levels within a state or organization.
Apr 20, 2021 · Decentralization in business is when daily operations and decision-making power are delegated by top management to middle-and lower-level managers — and sometimes even team members. Organizations with a decentralized structure allow upper management to focus more on growth opportunities and major decisions, rather than day-to-day duties.
Decentralization: It refers to a particular form of organisational structure where the top management assigns decision-making responsibilities and daily operations to middle and lower subordinates.
18 hours ago · A robust fiscal and financial system constitutes a fundamental pillar of national governance. This paper investigates the spatial correlation between fiscal decentralization, financial decentralization, and local green economic efficiency using panel data from 285 cities in China. The findings reveal several key insights. First, fiscal decentralization hampers local green economic efficiency enhancement but exerts a “warning effect” on neighboring regions. In contrast, financial ...
