Publication:
Private Sector Participation in the Power Sector in Europe and Central Asia : Lessons from the Last Decade

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dc.contributor.authorKrishnaswamy, Venkataraman
dc.contributor.authorStuggins, Gary
dc.date.accessioned2013-08-16T17:01:37Z
dc.date.available2013-08-16T17:01:37Z
dc.date.issued2003-06
dc.description.abstractThe Californian power crisis appears to have greatly rekindled the latent doubts on moving to more competitive market structures for such an essential service as electricity. The recent collapse of Enron and several other industrial giants, as well as doubts about the reliability of external audits (resulting, in particular, in the collapse of Arthur Anderson) and the slide in the stock values of AES and other companies has eroded the confidence in the institutional pillars of the market, such as corporate disclosure, external audit, and oversight by regulators and Security Exchange Commissions. Major energy investors, at least in North America, seem to be anxious to clean up their balance sheets to eliminate from their portfolio unprofitable and risky investments. Against this backdrop, the objective of this study is to review the experiences in the ECA regioen
dc.identifierhttp://documents.worldbank.org/curated/en/2003/07/2477725/private-participation-power-sector-europe-central-asia-lessons-last-decade
dc.identifier.doi10.1596/0-8213-5529-5
dc.identifier.isbn0-8213-5529-5
dc.identifier.urihttps://hdl.handle.net/10986/15123
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesWorld Bank Working Paper;No. 8
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectABATEMENT
dc.subjectACCOUNTING
dc.subjectASSET SALES
dc.subjectAUDITS
dc.subjectBALANCE SHEETS
dc.subjectBIDDING
dc.subjectCOAL
dc.subjectCOMMERCIALIZATION
dc.subjectCOMPETITIVE MARKETS
dc.subjectCOST OF CAPITAL
dc.subjectCROSS SUBSIDIES
dc.subjectDEBT
dc.subjectDEMAND GROWTH
dc.subjectDEREGULATION
dc.subjectDEVELOPED COUNTRIES
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC FACTORS
dc.subjectELECTRICITY SERVICES
dc.subjectEMERGING MARKETS
dc.subjectEMPLOYMENT
dc.subjectEXCHANGE RATE
dc.subjectGUIDELINES
dc.subjectHUMAN DEVELOPMENT
dc.subjectIMPORTS
dc.subjectINCOME
dc.subjectINFLATION
dc.subjectINSURANCE
dc.subjectINVENTORIES
dc.subjectINVENTORY
dc.subjectLEGAL INFRASTRUCTURE
dc.subjectLEGISLATION
dc.subjectMANAGEMENT CONTROL
dc.subjectMARKET STRUCTURE
dc.subjectMERGERS
dc.subjectMINES
dc.subjectMUNICIPALITIES
dc.subjectPRICE RISK
dc.subjectPRICE SETTING
dc.subjectPRIVATIZATION
dc.subjectPRODUCERS
dc.subjectPROPERTY RIGHTS
dc.subjectRETAIL
dc.subjectRETURN ON EQUITY
dc.subjectSTABILIZATION
dc.subjectSTATE INTERVENTION
dc.subjectSTATE OWNERSHIP
dc.subjectSUPPLIERS
dc.subjectTARIFF REFORM
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTRADEOFFS
dc.subjectTRANSACTION COSTS PRIVATE PARTICIPATION
dc.subjectPOWER SECTOR
dc.subjectMETHODOLOGY
dc.subjectSTABILIZATION
dc.subjectLEGAL REFORMS
dc.subjectREGULATORY REFORM
dc.subjectCOMMERCIALIZATION
dc.subjectWHOLESALE MARKETING
dc.subjectPOWER POOLS
dc.subjectOPERATING RIGHTS
dc.subjectSHARES
dc.subjectARBITRATION
dc.subjectINVESTORS
dc.subjectSWAPS
dc.subjectMANAGEMENT CONTRACT
dc.subjectFRANCHISING
dc.subjectEMPLOYEES
dc.subjectCONSUMERS
dc.subjectSOCIAL PROTECTION
dc.titlePrivate Sector Participation in the Power Sector in Europe and Central Asia : Lessons from the Last Decadeen
dspace.entity.typePublication
okr.doctypePublications & Research::Publication
okr.doctypePublications & Research::Publication
okr.docurlhttp://documents.worldbank.org/curated/en/2003/07/2477725/private-participation-power-sector-europe-central-asia-lessons-last-decade
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid433451468757179351
okr.identifier.doi10.1596/0-8213-5529-5
okr.identifier.externaldocumentum000090341_20030812103956
okr.identifier.internaldocumentum2477725
okr.identifier.report26516
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2003/08/12/000090341_20030812103956/Rendered/PDF/265160PAPER0Pr1rticipation0in0power.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.geographicalCentral Asia
okr.region.geographicalEastern Europe
okr.sectorEnergy and mining :: Power
okr.topicInternational Economics and Trade::Access to Markets
okr.topicBanks and Banking Reform
okr.topicMacroeconomics and Economic Growth::Markets and Market Access
okr.topicFinancial Crisis Management and Restructuring
okr.topicEnvironmental Economics and Policies
okr.unitInfrastructure & Energy Srvc Dpt (ECSIE)
okr.volume1 of 1
relation.isSeriesOfPublication3e126efc-de2f-4a95-be5b-bd2e430a4843
relation.isSeriesOfPublication.latestForDiscovery3e126efc-de2f-4a95-be5b-bd2e430a4843
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