The religion is highly distributed and decentralized, held together by its beliefs.
And as debt replaced equity for much of business financing, in significant part as a result of the high costs of SOX, and business financing was mixed with mortgage debt in innovations such as asset-backed commercial paper, new risks emerged.With the multiple players involved in mortgage woes, the current crisis may seem at first appearance a failure of decentralized risk management.
And that is as an item that a market, free of distortion from government regulations and subsidies, will produce at an optimum level due to forces of supply and demand.My boss, the president of the Competitive Enterprise Institute, Fred L. Smith, has made the distinction between risk management that is "hierarchic and political" and that which is "decentralized and competitive".
Manufacturing decentralized early and extensively.
Ecuador's government has become increasingly decentralized.
Policing, however, remains decentralized.
Both are settled cultivators, but, while Nupe society is hierarchical, that of the Tiv tends to be decentralized.
Still, the view favouring decentralized institutions, industrial self-governance, and free enterprise has kept industrial relations focused at the level of the firm.
Throughout the 1980s, when industry became more decentralized, the bulk of Slovenes still commuted to work.
Originally highly decentralized, electrical production was slowly centralized under state control during the latter half of the 20th century.
For example, police organizations in the United Kingdom including about 50 regional police forces in England, Scotland, and Wales are generally considered decentralized, but when compared with the tens of thousands of police forces in the United States, they appear fairly centralized.
