Decentralization And Management Of Local Finance: Integrating New Public Management
Decentralization And Management Of Local Finance: Integrating New Public Management

Summary/Abstract: From the point of view of the overall dynamics of the socio-political and macroeconomic reforms undertaken, decentralization is perceived as a new approach to local development, which takes charge of their own needs and their mobilizable resources. Madagascar is rather decentralized, to achieve medium and long-term development prospects. Within the local public administration, for the sake of equity, the state, through the decentralization process, grants financial autonomy and budgetary support, through the fiscal equalization system. New Public Management is a reform of public administration, aimed at introducing principles and methods from the private sector into public organizations. Qualified as "managerialist", this application of new methods also requires a new managerial concept which is the reform of local finances and the establishment of budgetary performance.

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