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, financial reforms that ended decades of financial repression, and a massive privatization program. We investigate the role … played by ideas, interests and institutions. More specifically, we examine the role played by the 'reform team' investigate …
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Morocco charted its own distinctive path of power sector reform. It selectively introduced private sector participation …. The results have been impressive. Since 1990, Morocco has more than tripled its power supply, while growing renewable … through this selective approach to reform have come somewhat at the expense of the financial viability of the incumbent …
Persistent link: https://www.econbiz.de/10012632150
The challenge of power sector reform in the Arab Republic of Egypt has long been dominated by extremely high subsidies …, accumulation of arrears from the sector, poorly-maintained physical capital, and cross-subsidies across customer classes. Egypt …. Egypt has been able to achieve universal access with more or less reliable power over the entire period, except when chronic …
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"The recent global financial crisis has shaken the confidence of developed and developing countries alike in the very blueprint of financial and macro policies that underlie the western capitalist systems. In an effort to contain the crisis from spreading, the authorities in the US and many...
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capture, and then protect, these rents leads to the creation of new distortions, even as the reform process tries to move … governments throughout the economy sought to capture these rents by developing high margin industries. Continued reform, and …, leading local governments to impose a variety of interregional barriers to trade. Thus, the reform process led to the …
Persistent link: https://www.econbiz.de/10012470915
Starting in the late 1990s, China undertook a dramatic transformation of the large number of firms under state control. Small state-owned firms were privatized or closed. Large state-owned firms were corporatized and merged into large industrial groups under the control of the Chinese state. The...
Persistent link: https://www.econbiz.de/10012457662