There has been a significant increase in project financing in the public sector in Europe in the past decade, benefiting the implementation of infrastructure projects. In Italy, project financing is still much more limited than in such countries as Spain and the UK: the projects funded are...

This paper outlines the evolution of the regulatory framework for the supply of local public utilities, social and health services since the early nineties. That framework is rendered complex by frequent legislative reforms, the overlap of general rules and specific rules for some services, and...

The purpose of this work is to describe the present conditions and possible development of telecommunication networks in Italy, with particular reference to new generation networks. We review the main technological solutions adopted from a cross-country perspective and investigate the...

Italian Abstract: Il lavoro fornisce un contributo di ordine metodologico alla misura dell’adeguatezza delle infrastrutture presenti in una data area. Rispetto ad altre analisi basate su indicatori fisici o di spesa pubblica – che offrono una visione unidimensionale, talvolta fuorviante,...

One of the objectives of the reforms and liberalization of the last 15 years in local public services was to reduce the traditional fragmentation of production. This was to be achieved through restructuring that reduced inefficiencies and made it more possible to exploit economies of scale,...

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 quot;purequot; forms, to justify its complex...

This paper outlines how a paradigm shift is required when approaching cyber risk management for interbank payment systems, which are affected by the growing interconnectedness of systems, the digitalization of financial services and continuously evolving cyber threats. In this scenario, cyber...

The geographic digital divide has a significant, though largely unexplored, dimension within a country. This paper proposes an index of digital development for the Italian NUTS2 regions (rDESI) based on the European Commission’s Digital Economy and Society Index (DESI). The rDESI monitors the...

This work provides a descriptive assessment of regulated occupations in Italy and examines the impact of regulation on the labor market. First, we construct, on the basis of law provisions, a set of novel indicators measuring both the extensive and the intensive margin of regulation. We then...

Italian Abstract: Il presente lavoro analizza i profili economici, contabili e prudenziali delle “cripto-attività” tipo bitcoin e illustra la regolamentazione delle piattaforme di scambio adottata nelle varie giurisdizioni. La letteratura esaminata mostra che questa particolare classe di...