43rd Congress of the European Regional Science Association: "Peripheries, Centres, and Spatial Development in the New Europe", 27th - 30th August 2003, Jyväskylä, Finland
The paper will attempt to demostrate the fundamental importance of public goods in the performance of any territory or economy. After discussing the concept and definition of public goods, the most important of them will be reviewed along with their degree of publicness. Their relative positions within society will also be analyzed. Finally, the relationship between private and public goods will be discussed and some conclusions will be reached as to the necessary balance and relative importance among them.