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Political decentralization does not come without its drawbacks. A study by Fan concludes that there is an increase in corruption and rent-seeking when there are more vertical tiers in the government, as well as when there are higher levels of subnational government employment. [73]
Decentralization – Organizational theory; Federalism – Political concept; Federalism in China; Tiao-kuai – Quasi-federal administration in China. Home rule – Governance of a colony, dependent country, locality, or region by its own citizens; Principle of conferral – EU acts at the behest of its members
A market economy is a decentralised economic system because it does not function via a central, economic plan (which is usually headed by a governmental body) but instead, acts through the distributed, local interactions in the market (e.g. individual investments). While a "market economy" is a broad term and can differ greatly in terms of ...
Multi-level governance is an approach in political science and public administration theory that originated from studies on European integration.Political scientists Liesbet Hooghe and Gary Marks developed the concept of multi-level governance in the early 1990s and have continuously been contributing to the research program in a series of articles (see Bibliography). [3]
The term has a variety of meanings in several fields. In political science, centralisation refers to the concentration of a government's power—both geographically and politically—into a centralised government, which has sovereignty over all its administrative divisions.
New Federalism is a political philosophy of devolution, or the transfer of certain powers from the United States federal government back to the states.The primary objective of New Federalism, unlike that of the eighteenth-century political philosophy of Federalism, is the restoration of some of the autonomy and power, which individual states had lost to the federal government as a result of ...
Greater centralization of the Bitcoin network may be required if Bitcoin is ever going to tip into the mainstream.
This aspect of decentralisation is geared to giving the territorial collectivities in France separate defined responsibilities and resources and to provide for the election of representatives by the inhabitants of those territories.