In current debate, economic development is connected with relative social capital endowment, the diffusion of co-operative practices between firms and the role and efficiency of institutions. In this paper a factor analysis approach is used to provide synthetic indicators of these variables for...

The discussion around the adequateness of the Constitution to the current economic setting is still ongoing. To see where, this discussion will lead eventually, it is interesting to compare the Italian decentralization process with a similar process undertaken in Belgium. This contribution...

According to the Decentralization Theorem, local governments are more efficient than centralized ones in providing local public services, since resident citizens’ needs differ from those of citizens from other places. Local governments may better meet residents’ needs than a central...