Fabio Bulfone
Fabio Bulfone is Assistant Professor at Leiden University, The Netherlands. His research focuses on the political economy of industrial policy, peripheral capitalism, and monetary union. He has published in Comparative Political Studies, European Journal of Political Research, Governance, Journal of European Public Policy, Review of International Political Economy, Regulation & Governance, Socio-Economic Review, and Competition […]
Bulfone, F., Ergen, T., & Maggor, E. (2025). Regulating via conditionality: The instruments of the new industrial policy. Regulation & Governance, 0:1-19
Abstract: Conditionality was a central concern in the development literature of the 1990s. With the significant expansion of targeted public support to private firms since the Great Financial Crisis, the issue of conditionality has once again become a focal point in industrial policy debates. Despite the growing interest in the concept, the existing literature lacks […]
Bulfone, F., Ergen, T., & Kalaitzake, M. (2022). No strings attached: Corporate welfare, state intervention, and the issue of conditionality. Competition & Change, 27(2), 253-276.
Abstract: This paper contributes to Comparative Political Economy (CPE) by developing an analytical concept of corporate welfare. Corporate welfare—the transfer of public funds and benefits to corporate actors with weak or no conditionality—is a prominent form of state-business relations that CPE scholarship regularly overlooks and misinterprets. Such transfers should be understood as a structural privilege […]
Bulfone, F. (2022). Industrial policy and comparative political economy: A literature review and research agenda. Competition & Change, 27(1), 22-43.
Abstract: The Great Recession renewed calls for a return of state activism in support of the European economy. The widespread nationalizations of ailing companies and the growing activism of national development banks led many to celebrate the re-appearance of industrial policy. Despite this reappraisal, however, comparative political economy (CPE) contributions to the study of industrial […]