even successful reforms are now associated with a degree of reform suspicion. …An extensive program of economic liberalization reforms, even when it generates positive outcomes, does not … automatically generate support for further reforms. Societies respond with strong support only after experiencing the effects of …

(SPDEM) and on wholesale energy market integrity and transparency (REMIT). I discuss issues relevant for undertaking an … evaluation such regulations. I argue that, for market performance, more information is not always better; indeed, more … information may undermine market performance by facilitating behaviour that is either not cost efficient or aims at exercising …

The Electric Power Industry Reform Act (EPIRA) is one of the landmark pro-market reforms implemented to achieve … appears to be a well-thought power sector reform design, having followed most of the features of the kind of reform …