New article "Municipal economy" in our Compendium

The municipal economy is the activity of local authorities in economic competition with other entities. This includes, for example, energy and water supply, local public transport, savings banks, and house-building companies. The municipal economy is still of considerable importance. From a legal point of view, it is regulated by sectoral laws and the municipal laws of the German federal states

Read more in our Compendium of Urban and Regional Development in the entry "Municipal economy" authored by Janbernd Oebbecke.