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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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A void in the literature on the business environment is how it evolves over time. Focusing on China during its crucial two decades of transition (from the early 1990s to the early 2010s), this paper documents how the country's business environment and the characteristics of entrepreneurs...
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Vietnam's power sector has developed rapidly since the 1990s to become a top performer among developing countries. This success has occurred mostly under a state-owned utility, Electricity Vietnam. Select market-oriented reforms to date have also had some positive impact. By the late 1990s, the...
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This paper revisits trends in bank privatization and analyzes their economic impact over the past 25 years. Building on … a novel data set of privatization events for 70 developed and developing countries, it shows that bank privatization … smaller in that the fraction of a bank's ownership relinquished during privatization events declined. The majority of …
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independent regulation, partial privatization of the generation company (KenGen), and establishment of complementary entities …
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