disparate actions of political parties and sector institutions. Ambitious targets for electricity access, liberalization, and …-setting and an array of entrenched cross-subsidies. Other vulnerabilities include the continued but declining dependence on …

of major legislative changes which were designed to induce competition in the energy sector: the three liberalization … these changes on the risk profile of the sector. Our results show that the liberalization legislation significantly … of sector liberalization …

perspective. Issues of vertical integration, deregulation and privatization are covered. While competition and privatization are … more gradual liberalization. The different market characteristics of telecommunications, energy and transportation raise … rapidly unfolding in telecommunications in Western and Eastern Europe, energy and railway transportation represent sectors of …

This book analyses the role of deregulation, competition and modernization in telecommunications and energy in Europe …, particularly in Eastern Europe. It features a comprehensive analysis of telecommunications policy and industry developments in the … EU and selected postsocialist countries; the focus is on deregulation of public utilities, especially the electricity …