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From Reluctant Privatization to Municipal Capitalism: an Overview on Ownership, Political Connections and Decentralization

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  • Boggio, Margherita

Abstract

Starting from a few considerations on the phenomenon of municipal capitalism, a trait which characterizes many local governments in Italy and Europe, this paper presents a selective survey of some important topics in regulation. The most relevant contributions on privatization, political connections and accountability are included, together with lessons on decentralization, to show how these elements can be applied in unison to deal with the issues presented in this paper.

Suggested Citation

  • Boggio, Margherita, 2011. "From Reluctant Privatization to Municipal Capitalism: an Overview on Ownership, Political Connections and Decentralization," MPRA Paper 46232, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:46232
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    Keywords

    regulation; decentralization; reluctant privatization; municipal capitalism.;

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • H70 - Public Economics - - State and Local Government; Intergovernmental Relations - - - General
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General

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