Qualità della governance e regolazione dei flussi finanziari. I caso dei Fondi strutturali in Italia

The article aims to outline analytical and conceptual links existing between the quality of governance and the administrative/institutional capacity by looking at the system of management and control of the financial flows of EU Structural Funds. Moreover, the present work tries to identify conditions of failure and suc-cess of the regulation process in the context of multilevel public policies. The arti-cle argues that variation in the effectiveness and efficiency of policy implementa-tion across EU countries cannot be exhaustively explained by institutional vari-ables embedded in the formal procedural and institutional requirements, whereas the performance of key actors involved in such a process should be taken into consideration. To this end, some criteria are proposed, which regard different di-mensions of accountability and allow to asses the quality of governance