Abstract: A critical discussion of decentralization in developing and transition countries is presented. In their fight against the central state, free market advocates and community governance proponents often ignore that community failures may be as serious as market failures or government failures.
Author(s): Bardhan, Pranab
Source(s): , Journal of economic perspectives (JEP); Vol. 16, No. 4 p. 185-205 Journal of economic perspectives (JEP) Vol. 16, No. 4
Published: 2002 American economic association (AEA), [Nashville, TN etc.] (English