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Cultural and Social heritage and dilemma in the rural development
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Learn Social mobilization and community development with Rahul

Forms of market decentralization

  • Privatization is government transfer to the private sector of managerial, fiscal, and decision-making control, while retaining normal regulatory authority. True decentralization is considered to involve a mix of three reform strategies:
  • Deregulation which consists of transferring services provision or production activities previously owned or regulated by the public sector to competing private organizations (e.g. electricity or broadcasting provided by various and competing companies)
  • Partnerships between public and private/ voluntary sectors, within market decentralization and devolution processes, based on cooperative or business arrangements involving government, non-government and civil society organizations.
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