Publication:
Thailand : Why Liberalization May Stall in a Mature Power Market

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dc.contributor.authorWorld Bank
dc.date.accessioned2014-08-25T20:08:36Z
dc.date.available2014-08-25T20:08:36Z
dc.date.issued2003-10
dc.description.abstractThis review argues that, following the 1997 crisis, the proposed reform plan was helped by some particularly conducive country factors: a tough, but not paralyzing challenge, a quick return to macroeconomic stability, and, and influential reform champion. However, many sector factors worked against the plan, among these were the sector's acceptable level of efficiency, and consistent resistance by incumbent state-owned utilities, and a biased reading of the international experience. Although market liberalization was politically feasible, its political desirability was weak. The report pays particular attention to: 1) sequencing reform; 2) adapting and making amends to the market model, but minimizing risks, and cost of market failures in a developing country context; and, 3) selling the reform, by improving perceptions of benefits and costs, especially mitigating social impacts. Particularly suggested is the interaction between the political economy, and the technical design of reform, i.e., in order for negotiations to arrive at a politically desirable, and feasible roadmap, they must be subjected to a technical scrutiny, that ensures that the final reform plan is sound.en
dc.identifierhttp://documents.worldbank.org/curated/en/2003/10/3022576/thailand-liberalization-may-stall-mature-power-market-review-technical-pollitical-economy-factors-constrained-electricity-sector-reform-thailand-1998-2002
dc.identifier.doi10.1596/19649
dc.identifier.urihttps://hdl.handle.net/10986/19649
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectAUCTIONS
dc.subjectBIDDING
dc.subjectBOOK VALUE
dc.subjectCLEAN COAL
dc.subjectCLEAN FUELS
dc.subjectCOAL
dc.subjectCOAL TECHNOLOGIES
dc.subjectCOMMERCIALIZATION
dc.subjectCOMPETITIVENESS
dc.subjectCREDITWORTHINESS
dc.subjectDEBT
dc.subjectDEVELOPING COUNTRY CONTEXT
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC EFFICIENCY
dc.subjectECONOMIC GROWTH
dc.subjectECONOMISTS
dc.subjectELECTRIC POWER
dc.subjectELECTRICITY
dc.subjectELECTRICITY GENERATION
dc.subjectELECTRICITY PRICES
dc.subjectELECTRICITY SECTOR
dc.subjectELECTRICITY SUPPLY
dc.subjectEMPLOYMENT
dc.subjectEND-USE
dc.subjectENERGY CONSERVATION
dc.subjectENERGY PRACTICES
dc.subjectENERGY PRICES
dc.subjectENVIRONMENTAL IMPACT
dc.subjectENVIRONMENTAL MANAGEMENT
dc.subjectFISCAL DEFICITS
dc.subjectFISCAL PERFORMANCE
dc.subjectFUEL
dc.subjectFUEL CONSUMPTION
dc.subjectGAS
dc.subjectGAS RESOURCES
dc.subjectIMPORTS
dc.subjectINCOME
dc.subjectINFLATION
dc.subjectLABOR PRODUCTIVITY
dc.subjectLEGISLATION
dc.subjectLICENSES
dc.subjectLOAN GUARANTEES
dc.subjectMACROECONOMIC STABILITY
dc.subjectMARKET FAILURES
dc.subjectMARKET LIBERALIZATION
dc.subjectMARKET REFORMS
dc.subjectMARKET RISK
dc.subjectMARKET STRUCTURE
dc.subjectMARKETING
dc.subjectMINES
dc.subjectMONOPOLIES
dc.subjectNATURAL GAS
dc.subjectPETROLEUM PRODUCTS
dc.subjectPOLITICAL ECONOMY
dc.subjectPRICE CAPS
dc.subjectPRICE CHANGES
dc.subjectPRICING REFORMS
dc.subjectPRIVATE SECTOR
dc.subjectPRODUCERS
dc.subjectPRODUCTIVITY
dc.subjectPUBLIC OWNERSHIP
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SECTOR INVESTMENTS
dc.subjectPUBLIC SECTOR REFORM
dc.subjectREFORM PROGRAMS
dc.subjectRETAIL
dc.subjectSALES
dc.subjectSUPPLIERS
dc.subjectSUSTAINABLE ENERGY
dc.subjectTRANSFER PRICES
dc.titleThailand : Why Liberalization May Stall in a Mature Power Marketen
dspace.entity.typePublication
okr.date.doiregistration2025-05-05T12:43:23.298452Z
okr.doctypePublications & Research::ESMAP Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2003/10/3022576/thailand-liberalization-may-stall-mature-power-market-review-technical-pollitical-economy-factors-constrained-electricity-sector-reform-thailand-1998-2002
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.globalpracticeEnergy and Extractives
okr.guid135371468778460891
okr.identifier.externaldocumentum000012009_20040305161240
okr.identifier.internaldocumentum3022576
okr.identifier.reportESM270
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2004/03/05/000012009_20040305161240/Rendered/PDF/ESM2700PAPER.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryThailand
okr.sectorEnergy and mining :: General energy sector
okr.topicEnergy::Energy and Environment
okr.topicEnvironmental Economics and Policies
okr.topicMacroeconomics and Economic Growth::Markets and Market Access
okr.topicPublic Sector Economics and Finance
okr.topicInternational Economics and Trade::Access to Markets
okr.unitEnergy Sectr Mngmt Assist Progrm (ETWES)
okr.volume1 of 1
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