The conversation amongst academics, researchers, and economists on the decentralization – development nexus has spiked during the past decade. Much is at stake when speaking of decentralization today. How far can decentralization go in helping nations and regions prosper?  How better are centralized political and economic institutions in absorbing shocks, in comparison to their local counterparts? This talk aims to answer these questions and more. We will unpack the different ways through which decentralization contributes to development and broader politico-economic structures, with a focus on Lebanon. For the Lebanese case, Hussein will speak about the intersection between local public finance (such as spending and revenue structures) and economic development.

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