Trinidad and Tobago -- 10. Chapter Ten: Whose Governance? IMF Austerities and Diversification in A Small Island State: The Case …

. Following the decentralization theorem, the devolution of powers should increase aid effectiveness, since local decision …-makers are better informed about local needs. At the same time, decentralization has reverse effects, e.g., through coordination … consider how both anti-poverty instruments - financial assistance and decentralization - work together …