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This paper presents a thorough examination of centralized use of a decentralized technology (blockchain) in monetary and financial systems at the national level. A comparative study is conducted to summarize the regulatory and legislative frameworks of currency/asset tokenization in seven major...
Persistent link: https://www.econbiz.de/10015194005
Background: Several product lifecycle management systems (PLMs) have been implemented in the industrial sector for managing the data of the product from the design up to the disposal or recycling stage. However, these PLMs face certain challenges in managing the complex and decentralized product...
Persistent link: https://www.econbiz.de/10015194686
The Philippines embraced a devolution agenda in 1991, leading to the enactment of the Local Government Code (LGC). Despite over three decades of implementation, devolution has remained incomplete, giving rise to the blurred accountability between the national government and local governments...
Persistent link: https://www.econbiz.de/10015209763
Brazil is a federation composed by the Federal Government, twenty-six states and the Federal District and 5,570 municipalities. The organization of the national health system is a shared responsibility of this three spheres of government and must comply to the constitutional principles of...
Persistent link: https://www.econbiz.de/10013400207
decentralization in firms. Previous literature on this debate has focused on a strict dichotomy between the two possible directions. In …
Persistent link: https://www.econbiz.de/10013426340
Although blockchain technology and cryptocurrencies have grown in popularity over the past years, there does not seem to be a consensus if they bring any value to economic interactions. In this paper, I argue that a fundamental value the blockchain provides is commitment. I develop a model of an...
Persistent link: https://www.econbiz.de/10013464278
decentralization in firms. Previous literature on this debate has focused on a strict dichotomy between the two possible directions. In …
Persistent link: https://www.econbiz.de/10013480167
, gives a clear indication of the importance of activity center decentralization. Due to the growing demand for healthcare, it …
Persistent link: https://www.econbiz.de/10014285655
This paper overviews theoretical and empirical contributions that study political borders from an economic perspective. It reviews theories of the number and size of nations focused on the trade-off between economies of scale in public-good provision and heterogeneity of preferences over public...
Persistent link: https://www.econbiz.de/10014290075
separations, we study the effect of decentralization on well-being at work in Finland. Our regression results with individual … employees in blue-collar intensive firms show quite strong and negative responses to decentralization. Decentralization affects …. Whether the mechanisms between decentralization and worker's well-being is explained by pay dispersion, wage level, or …
Persistent link: https://www.econbiz.de/10014304766