Theoretical aspects of decentralization

Abstract

The article analyzes the nature and significance of decentralization. Conseptions of decentralization by different authors are compared. The essence and complexity of decentralization analysis revealed of forms and types. Decentralization, as well as any other social phenomena, is characterised by positive and negative effects, which are disclosed in the article by analyzing the advantages and disadvantages of decentralization. An examination of various scientific opinions on decentralization term, its classification, we can argue that decentralization is perceived as a multifaceted phenomenon that includes progressive leeway, functions, responsibilities and and the transfer of resources from the Central Government to the local government management levels.