One of the primary impediments to the realisation and success of remunicipalisation can be financing. Not all remunicipalisations require additional funding, but the costs of bringing services back in-house can be enormous, preventing remunicipalisation efforts from getting off the ground and constraining what is possible once in place. This article discusses the conditions under which financing is necessary for remunicipalisation and examines a variety of (potential) sources of funding. It compares the financial needs of ‘pragmatic’ versus ‘transformative’ remunicipalisations and discusses the availability and suitability of different sources of financing for each. The paper also asks whether remunicipalisation provides an opportunity to ‘definancialise’ public services, exploring the pros and cons of different funding options in this regard, with a focus on the potential for public banks to play a role in reducing the influence of private finance in the public arena.

中文翻译：

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(De)融资重新公有化


实现和成功重新市政化的主要障碍之一可能是融资。并非所有的重新市政化都需要额外的资金，但将服务带回内部的成本可能是巨大的，这会阻碍重新市政化的努力落地，并限制一旦到位的可能性。本文讨论了重新市政化需要融资的条件，并研究了各种（潜在的）资金来源。它比较了“务实”与“变革”重新市政化的财务需求，并讨论了每种重新市政化的不同融资来源的可用性和适用性。本文还询问重新市政化是否提供了公共服务“非金融化”的机会，探讨了这方面不同融资方案的利弊，重点关注公共银行在减少私人融资对公共服务的影响方面发挥作用的潜力。公共舞台。