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Decentralisation and local economic development (LED) are two major development strategies that both have an explicit or inexplicit focus on poverty reduction. Political decentralisation offers principally two channels that allow to better orient policies to the needs of the poor, either through...
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. 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. -- Foreign Aid ; Growth …
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. 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. -- foreign aid ; growth …
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