All Italian Public Administrations (PAs), irrespective of their size, face increasing financial constraints. Furthermore, ongoing institutional and administrative reforms bring about both the set up of new functions and new public expenditure. That is the case in particular for Local Authorities.
Accordingly, this short master presents those financial instruments of the EU that could allow Local Authorities to keep financing local services, while coping with increasing fiscal constraints.
In addition, this master provides participants with an up-to-date presentation of;
1. main features and advantages of public-private partnerships (in particular project finance initiatives aimed at improving public infrastructures), and
2. issues and opportunities raised by new funding models for public policies, such as fundraising for PAs, crowdfunding and pay-for-success models (Social Impact Bonds and Saving Costs Bonds).