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Massimo Florio

Massimo Florio is Professor of Public Economics and Jean Monnet Chair of Economics of European Integration at the University of Milan. He has been a visiting scholar at the London School of Economics and at other British universities. As an advisor to the European Commission, he wrote the EC Guide to Cost-Benefit Analysis of Investment Projects on behalf of the Regional Policy Evaluation Unit and has been involved as an independent expert in the evaluation of public policies and projects in several European countries.

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Titles by This Author

The Great Divestiture

Evaluating the Welfare Impact of the British Privatizations, 1979-1997
By Massimo Florio

The privatization carried out under the Thatcher and Major governments in Britain has been widely (although not universally) considered a success, and has greatly influenced the privatization of state industries in the transition economies of Eastern Europe. Massimo Florio's systematic analysis is the first comprehensive treatment of the overall welfare impact of this broad national policy of divestiture. Using the tools of social cost-benefit analysis, Florio assesses the effect of privatization on consumers, taxpayers, firms, shareholders, and workers.