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Persistent link: https://www.econbiz.de/10011663378
Pakistan's power sector underwent a substantial, if protracted, reform process. Beginning with an independent power producer program in 1994, the full unbundling of the national vertically integrated power and water utility, the Water and Power Development Authority, and the establishment of a...
Persistent link: https://www.econbiz.de/10012022361
The Philippines power sector underwent a substantial and largely complete reform process. Following a severe shortage of supply in the late 1980s and the Asian Financial crisis of 1997, which made the dollar-denominated debt of the National Power Corporation extremely burdensome, the Electric...
Persistent link: https://www.econbiz.de/10012022385
The challenge of power sector reform in the Arab Republic of Egypt has long been dominated by extremely high subsidies, with prices set well below the costs of supply. These subsidies have taken a variety of forms: explicit subsidies in the government budget, implicit subsidies in the...
Persistent link: https://www.econbiz.de/10012229762
reflect costs, promote private investment, and establish a regulatory authority. Today, state-owned entities continue to …
Persistent link: https://www.econbiz.de/10012229789
energy investment. The reforms have improved the operational efficiency of the sector, increased cost recovery, and captured … a significant amount of private sector investment. At the same time, the state has remained an important investor …
Persistent link: https://www.econbiz.de/10012008392
Uganda's power sector structure is among the most sophisticated in Sub-Saharan Africa, and Uganda is one of only a handful of countries in the region where tariffs are close to being cost reflective. While reforms were swift and comprehensive, following the 1999 Electricity Act, significant...
Persistent link: https://www.econbiz.de/10012008394
Morocco charted its own distinctive path of power sector reform. It selectively introduced private sector participation for generation capacity expansion and electricity distribution, while retaining a strong, state-owned and vertically-integrated national power utility operating as a single...
Persistent link: https://www.econbiz.de/10012113897
Morocco charted its own distinctive path of power sector reform. It selectively introduced private sector participation for generation capacity expansion and electricity distribution, while retaining a strong, state-owned and vertically-integrated national power utility operating as a single...
Persistent link: https://www.econbiz.de/10012632150
Many countries have undertaken market-oriented reforms of the power sector over the past four decades. However, the literature has not investigated whether the reforms have contributed to economic development. This study aims to assess the potential macroeconomic impacts of an element of the...
Persistent link: https://www.econbiz.de/10012058932