an efficient wholesale market. These features of the electricity supply industry also make antitrust or competition law …

reforms in developing countries. While there are important sectoral, economic, and social dimensions involved in electricity … reform, empirical analysis and evaluation of reforms have been of limited use for testing the economic rationale of reforms … and policy advice. This may partly be attributed to a lack of generally accepted and measured indicators for monitoring …

"Market-oriented economic policies-reflected in limited economic activity by government, protection of private property … rights, sound monetary policy, outward orientation regarding trade and efficient tax and regulatory policy-have been strongly … linked to faster rates of economic growth. Foreign aid is often provided in the belief that it encourages liberalizing …