The presence of a pervasive and evolving local regulation in the Italian public procurement offers a way to study the effects of a vast series of reforms involving firms qualifications, contracts awarding and subcontracting. This paper documents the legal aspects of these local regulations and,...

This paper analyzes the potential and the limits of project finance for the provision of local public services and compares them with alternative instruments in the light of current regulation. The main requirements for project finance, even in non pure forms, to justify its complex network of...