decentralization

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decentralization

the relocation of managerial AUTHORITY and RESPONSIBILITY to a lower level in the ORGANIZATION. A restructuring of a FUNCTIONAL STRUCTURE to a PRODUCT-BASED STRUCTURE will generally involve some degree of decentralization, especially regarding operational (but not strategic) matters. DELAYERING often involves decentralization from middle management to LINE MANAGERS. See CENTRALIZATION, ORGANIZATIONAL ANALYSIS.

decentralization

the diffusion of economic decision-making to many different decision-makers rather than concentrating such decision-making centrally. In an economy this is achieved by the adoption of the PRICE SYSTEM, which devolves decisions to individual consumers and suppliers. In a firm, decentralization involves delegating authority to make decisions ‘down the line’ to particular divisions and departments. See PRIVATE ENTERPRISE ECONOMY, MFORM ORGANIZATION.
References in periodicals archive ?
"Government Decentralization as a Disincentive for Transnational Terror?
"Does Government Decentralization Reduce Domestic Terror?
"Decentralization and Political Institutions." Journal of Public Economics, 91(11-12).
"Fiscal Decentralization and Natural Hazard Risks." Public Choice, 151(1-2), 2012, 165-83.
"Does Decentralization Increase Government Responsiveness to Local Needs'?" Journal of Public Economics.
"Political Decentralization and Corruption: Evidence from around the World." Journal of Public Economics, 93(1-2), 2009.
Decentralization, and Economic Growth." PublicFinance Group.
"Decentralization and Corruption: Evidence across Countries." Journal of Public Economics.
"Fiscal Decentralization and Economic Growth: Spending versus Revenue Decentralization." Economic Inquiry.
"Fiscal Decentralization and Government Quality in the OECD." Economics Letters.
"Fiscal Decentralization and Regional Disparity: Evidence from Cross-Section and Panel Data." Environment and Planning 4.41(10).
"Regional Inequality and Decentralization: An Empirical Analysis." Environment and Planning A.

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