The paper considers price trends as signals for the evaluation of reforms leading to ownership or market structure changes in public services. In order to do so, we focus on a specific example: electricity prices in four countries, namely UK, France, Germany and Italy.We consider that these...

Being able to monitor and asses technological developments represents an essential activity for an industry expected to be increasingly active in all of the regions of the world and in markets which require a wide array of differing technological configurations. This paper outlines the...

The standard electricity industry reform paradigm in several EU countries since the 1990s includes privatization, unbundling, liberalization. While the implementation and design of reforms widely differs across the EU, the European Commission insists on a rather unified approach, aiming at the...

The electric power industry reform act in the Philippines has for its main objective the introduction of competition and effective regulation to reduce costs of electric power at retail. Background of high electricity costs is linked to the politics of energy and the structural problems that...

The Asian financial crisis has impaired the flow of capital financing the construction of infrastructure crucial for sustaining development in the country. As such, one of the post-crisis challenges has been the development of new and alternative financing mechanisms in light of emerging fiscal...

Since the early 1980s, electricity industry reforms have been initiated in more than half of the countries in the world. Among the primary targets of these reform schemes, there has been an increase in efficiency of the sector; and it is implicitly assumed that government support to energy...

Les premières expériences de marché réalisées par Vernon Smith [1962] ont mis en évidence l’importance des institutions de marché pour l’efficacité des échanges. Ces institutions organisent la communication d’information entre les acteurs du marché et structurent les incitations...

This research is about the problem of identifying key factors for corporate recovery of electric utilities in New Zealand and the Philippines. Its primary objective is to learn from the experiences of three regulated government utilities and one small private distributor that are involved in the...