© 1997

The Privatization of Public Utilities

The Case of Italy

  • Mario Baldassarri
  • Alfredo Macchiati
  • Diego Piacentino

Table of contents

  1. Front Matter
    Pages i-13
  2. Central Issues

    1. Front Matter
      Pages 15-15
    2. Gian Cesare Romagnoli
      Pages 35-50
    3. Francesco Lo Passo, Alfredo Macchiati
      Pages 51-69
  3. International Experience

  4. Sectorial Aspects: Electricity, Natural Gas, Railways, Telecommunications, the Postal Service

  5. Back Matter
    Pages 289-293

About this book


The privatization of public utilities raises several complex issues. The privatization decision involves not only the transfer of ownership from the public to the private sector, and thus the design of appropriate selling procedures (with regard to valuation of assets, flotation of shares, etc), but also, and most importantly, it appears to require the adjustment of significant features of the industrial organization and the regulatory framework. This volume focuses on the two related questions of why and how to proceed to privatization.


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Editors and affiliations

  • Mario Baldassarri
    • 1
  • Alfredo Macchiati
    • 2
  • Diego Piacentino
    • 3
  1. 1.University of Rome ‘La Sapienza’Italy
  2. 2.CONSOBRomeItaly
  3. 3.University of UrbinoItaly

Bibliographic information

Industry Sectors
Finance, Business & Banking