Decentralized Finance and Management for Development

Abstract

"This concept paper reflects AID's growing concern with the negative consequences of over-centralization in many Third World political, administrative and revenue systems. It also expresses AID'S interest in involving less developed country (LDC) project beneficiaries in the planning, execution, financing, maintenance and control of activities launched with USAID support. It reflects U.S. policy in promoting private sector activities where appropriate. It builds on a foundation of positive program results achieved in some of AID's more successful prior efforts in decentralization."