This review covers the overall economic context for regulatory reform, the government's capacity to manage regulatory reform, competition policy and enforcement, and market openness. The review also examines specifically the the regulatory framework in the electricity and railway sectors. The...

Aiming to reduce the politicization and direct administration of electricity generation, transmission and distribution, the central planners launched three major episodes of institutional changes in the reform era culminating in the creation of an independent ministry-level agency - the State...