Understanding Sarbanes-Oxley, What Is Different After July

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For the Bretton Woods institutions, reforms in policies must be linked to reforms in governance. In unit 2 our focus is on theories and the concept of leadership with special emphasis on communal leadership. While the language of the decentralisation policies alludes to real devolution of powers, in law and practice, local authorities largely remain local agents of the central government without much space to manoeuvre; x lack of resources and absence of an adequate and sustainable funding base weaken local authorities as organs of the state; x while the tax base of local government remains small, central government transfers remain the main source of income, particularly for development projects; x human and material capacity constraints severely impede local authorities in performing their development role; and x central and local governments do not necessarily enjoy a shared vision.

Pages: 67

ISBN: B01JMS9HY0

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