In Italy, Patti Territoriali (Territorial Pacts) are one of the main government-sponsored programmes to foster growth in disadvantaged areas. A territorial pact is an agreement among the local authorities and representatives of civil society (mainly entrepreneurs and trade unions) of a number of...

Local Development that Money Can't Buy: Italy's Contratti di Programma The paper evaluates the effectiveness of a major Italy's place-based policy (Contratti di Programma), through which the Government endorses and finances an industrialization plan proposed by private firms. By using as...