Search results for keyword: decentralization
fiscal transfer payment system
China’s Fiscal Transfer Payment System
Fiscal transfer payments (FTPs) are used as an essential element of fiscal federalism in many countries, such as Canada and the United States. They allow the central government to redistribute funds to sub-national governments. In China, fiscal transfer pay......
08/07/2023 
1052 
Lily
The National System of Political Economy
Introduction
The concept of national systems has long been a subject of controversy, as nations have sought to define and regulate their own systems. It is also a perennial topic of debate among political economists and is particularly pertinent to the current world order, wherein economists cont......
Economic Romanticism
Economic romanticism is a school of thought in economic analysis which was founded by John Stuart Mill in the 1830s. This school of thought believes that economic growth does not necessarily have to be limited by the laws of economics and competition, but instead can be shaped by a structure of so......
ELES model
The Vroom-Yetton-Jago Decision-Making Model (VYJDM Model) is a managerial model designed to assist decision makers in selecting an appropriate decision-making process for a given situation. The VYJDM Model was originally developed by Vroom and Yetton (1973) and subsequently modified by Jago (1982)......
non-public economy
Non-Public Economy
Private or non-public providers play an increasingly important role in generating economic growth, as well as providing job opportunities and helping meet the essential needs of many people. They also contribute to dramatically increasing the wealth of some people in the countr......
Right to dispose
Centralized vs Decentralized Power
Centralization of power is the concentration of decision making authority in one particular person or group of individuals, while decentralization is the spreading out of decision making authority to other people or groups. While these two concepts are typically......
Drucker postulate
The Leadership of Peter Drucker
Peter Drucker was an influential writer, professor, and consultant in the field of management and organizational theory. He was an expert in the study of corporate strategy and organizational structure, and his work is still studied and used today by many business ......
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