Over the past three decades the developing world has seen increasing devolution of political and economic power to local governments decentralization is considered an important element of participatory democracy and along with privatization and deregulation represents a substantial reduction in the authority of national governments over economic policy. Ization policy in many developing countries much of the literature on decentralization norma tive and empirical is based on industrial countries developing nations however have ver y dif fer ent insti tutional frameworks given that the w orld bank s work is exclusively in developing countries it must careful. Decentralization in developing economies lucie gadenne monica singhal march 2014 abstract standard models of fiscal federalism suggest many benefits of decentralization in developing economies and there has been a recent push toward decentralization around the world however developing countries presently still have less. Decentralization in developing countries by bringing together a set of studies from a variety of countries around the world decentralization in developing countries sometimes seems to be viewed as either a panacea or a plague either a cure for all the ills of such coun tries or an addition to their already heavy burdens some argue for decen
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