Why do sudden and massive social, economic, and political changes occur when and where they do? Are there institutional preconditions that encourage such changes when present and discourage such changes when absent? I employ a general model which suggests that cascades which induce massive...

Chanchal Kumar Sharma,in his paper demonstrates that in order for fiscal decentralisation to be effective, it must be approached federally. A federal approach is not a decentralised approach but a dynamically balanced approach; one that constantly keeps on adjusting the contrasting forces of...

This work is a PhD dissertation, written at the Department of Economics, McGill University. The thesis offers a new framework for inflation as a process of restructuring. Contrary to existing theories of inflation, which tend to take structure and institutions as given for the purpose of...

This document contains a series of reflections on the concept of decentralization with the objective of contributing to the debate around process, its potential benefits and possible risks. This document raises a number of issues and offers possible responses,which may be subject to discussion...

The article analyzes the decentralization of public management systems. It explains the concept of decentralization compares various kinds of decentralization and describes the advantages and disadvantages of decentralization.