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Some 25 years have elapsed since international financial institutions espoused a package of power sector reform measures that became known as the Washington Consensus. This package encompassed the establishment of autonomous regulatory entities, the vertical and horizontal unbundling of...
Persistent link: https://www.econbiz.de/10012900698
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/10012864997
Considerable work has been done to understand and improve the resilience of individual infrastructure components. However, systems of components, or even systems of systems, are far less well understood. Cascade effects, where the loss of one infrastructure affects others, is a major source of...
Persistent link: https://www.econbiz.de/10012865480
It has been more than two decades since the widespread initiation of global power sector reforms and restructuring. However, empirical evidence on the intended microeconomic, macroeconomic, and quality-related impacts of reforms across developing countries is lacking. This paper comprehensively...
Persistent link: https://www.econbiz.de/10012971529
Consumers? participation in regulatory decision-making in infrastructure sectors can be critical to ensure effective regulatory governance. Providing avenues for enabling consumers? voice in the regulatory process expands the information base available to regulators in their decision-making, and...
Persistent link: https://www.econbiz.de/10012971709