Objective
Privatisation is one of the main events of the economic history of the last decades. The privatisation record to date is impressive, both in developed and developing economies. Despite the relevance of the process and the extensive research recently carried out, several aspects of privatisation such as its determinants, methods, and economic and social implications warrant a systematic analysis and research efforts. Given the relevance of privatisation policy in the European context and in the markets for the services of general interest (SGI), it is imperative to analyse the record of privatisation and understand the causes behind failures in order to improve the process in the future.
The project's main objectives are:
- To study the political and institutional incentives and constraints affecting privatisation;
- To analyse the interactions between private and public ownership and control of firms;
- To evaluate the welfare effect of privatisation policies on consumers, taxpayers and shareholders;
- To identify the most appropriate policies to make privatisation deliver the most desirable outcomes.
To address these objectives, the Project will use the tools of political economy and welfare analysis, starting from the premises that privatisation is a political decision taken by governments at national/sub-national level and it has important consequences on the welfare of several stakeholders in the economy (consumers, taxpayers, employees, and shareholders). The welfare effects of privatisation as perceived by different social groups are key element to establish the political sustainability of reform programmes, or the long-term reversal to public provision.
The Project will adopt a multidisciplinary approach, mobilising researchers from economics, finance, political science, and judicial disciplines working in five universities and three research institutions of five European countries, including a new accession country.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- social sciences sociology governance
- natural sciences computer and information sciences internet
- humanities history and archaeology history
- social sciences political sciences
- social sciences economics and business economics political economy
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
FP6-2004-CITIZENS-5
See other projects for this call
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Coordinator
MILANO
Italy
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.