Progress in economic reform of the electricity industries of Central and Eastern Europe has been very slow. For the purpose of this paper , we define economic reform of the electricity industry as follows; the main consumer groups pay the full economic costs of the production and distribution of...

Section one of this paper discusses the problem of regulatory design in general terms, but with a special focus on economics in transition. Section two reviews problems of adjustment related to the telecommunications industry and the regulatory framework in which they are being addressed....

Since 1990, the countries of Central and Eastern Europe have been under considerable pressure to develop explicit regulatory institutions. Initially, the main pressure for this policy came from the World Bank and other international lending agencies. Indeed, the requirement for an independent...

The purpose of this paper is the following: firstly, to chart how much economic reform of CEE electricity industries has taken place to date; secondly, to discuss why progress has been so limited; and, thirdly, to consider the prospects over the next few years. In charting the economic progress to...