Development economists are increasingly concerned about the correct approach to economic analysis of projects. By looking for a compromise between theory (which identifies ideals) and practice (which deals within the bounds of time and resource constraints), Lovei focuses on potential guidelines...

Many Asian, African and Eastern European countries freeing up their electricity markets are preserving an artificial monopoly over the wholesale trading of electricity even after the vertically integrated national power company is unbundled. Evidence so far suggests that this single buyer model...

Unlike the poor in many developing countries, those in Central and Eastern Europe, and the former Soviet Union, are highly connected to network utilities. During the early 1990s, it became clear that without subsidies, many households would have difficulty paying their utility bills. Governments...

In recent years the fight against corruption has assumed a key place in development policy, as a way of strengthening economic growth and helping civil society and democracy to function. Corruption not only stifles growth. It also perpetuates or deepens inequality, as the few amass power and...

Restructuring Ukraine's coal industry has been even more difficult and politicized than reforming its electricity and gas industries. Coal reform has divided Parliament and the government into two camps - one supporting populist policies and the other supporting fiscal realism - and the balance...