Local Econocast: Episode 3

The Future of Decentralization: Recentralization?

Decentralization is the process of redistributing or dispersing functions, powers, or people away from a central authority. It has been a global trend in the developing world as a symbol of transition to democracy. However, some recent studies have shown that different types of decentralization — fiscal, administrative and political – have differing even opposing impacts on the quality of governance. Does this mean decentralization will transfer to recentralization? If so, what is the consequence for local economic development?

This episode features Paul Smoke, Professor of Public Finance and Planning at New York University. He has conducted extensive research and policy work with international organizations and universities around the world.

In the second part of this episode, Angela Yayra Amoah, LoCAL Project Coordinator in Ghana, will share her stories and perspectives in the development field.

About the Local Econocast

Welcome to the Local Econocast produced by Local Development Finance Team at the United Nations Capital Development Fund! We are a centre of excellence and innovative fund for local government finance and local economic development finance in the world’s 47 least developed countries. In this podcast series, we share and broadcast cutting-edge knowledge, ideas and insights from experts and practitioners on various topics related to local economic development and the role of local government. There are two parts in each episode – an interview with a guest who has a fresh perspective on local development, and a conversation with a staff member who will share their stories, experiences and passion in the development field.