Private Sector Participation in the Power Sector in Europe and Central Asia

Private Sector Participation in the Power Sector in Europe and Central Asia PDF Author: Venkataraman Krishnaswamy
Publisher: World Bank Publications
ISBN: 9780821355299
Category : Electric utilities
Languages : en
Pages : 134

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Book Description

Private Sector Participation in the Power Sector in Europe and Central Asia

Private Sector Participation in the Power Sector in Europe and Central Asia PDF Author: Venkataraman Krishnaswamy
Publisher: World Bank Publications
ISBN: 9780821355299
Category : Electric utilities
Languages : en
Pages : 134

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Book Description


Private Sector Participation in the Power Sector in Europe and Central Asia

Private Sector Participation in the Power Sector in Europe and Central Asia PDF Author: Venkataraman Krishnaswamy
Publisher:
ISBN: 9780821355305
Category : Electric utilities
Languages : en
Pages : 118

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Book Description


Rethinking Power Sector Reform in the Developing World

Rethinking Power Sector Reform in the Developing World PDF Author: Vivien Foster
Publisher: World Bank Publications
ISBN: 1464814430
Category : Science
Languages : en
Pages : 482

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Book Description
During the 1990s, a new paradigm for power sector reform was put forward emphasizing the restructuring of utilities, the creation of regulators, the participation of the private sector, and the establishment of competitive power markets. Twenty-five years later, only a handful of developing countries have fully implemented these Washington Consensus policies. Across the developing world, reforms were adopted rather selectively, resulting in a hybrid model, in which elements of market orientation coexist with continued state dominance of the sector. This book aims to revisit and refresh thinking on power sector reform approaches for developing countries. The approach relies heavily on evidence from the past, drawing both on broad global trends and deep case material from 15 developing countries. It is also forward looking, considering the implications of new social and environmental policy goals, as well as the emerging technological disruptions. A nuanced picture emerges. Although regulation has been widely adopted, practice often falls well short of theory, and cost recovery remains an elusive goal. The private sector has financed a substantial expansion of generation capacity; yet, its contribution to power distribution has been much more limited, with efficiency levels that can sometimes be matched by well-governed public utilities. Restructuring and liberalization have been beneficial in a handful of larger middle-income nations but have proved too complex for most countries to implement. Based on these findings, the report points to three major policy implications. First, reform efforts need to be shaped by the political and economic context of the country. The 1990s reform model was most successful in countries that had reached certain minimum conditions of power sector development and offered a supportive political environment. Second, countries found alternative institutional pathways to achieving good power sector outcomes, making a case for greater pluralism. Among the top performers, some pursued the full set of market-oriented reforms, while others retained a more important role for the state. Third, reform efforts should be driven and tailored to desired policy outcomes and less preoccupied with following a predetermined process, particularly since the twenty-first-century century agenda has added decarbonization and universal access to power sector outcomes. The Washington Consensus reforms, while supportive of the twenty-first-century century agenda, will not be able to deliver on them alone and will require complementary policy measures

Engaging Central Asia

Engaging Central Asia PDF Author: Bhavna Dave
Publisher: CEPS
ISBN: 929079707X
Category : Political Science
Languages : en
Pages : 196

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Book Description
"In July 2007, the European Union initiated a fundamentally new approach to the countries of Central Asia. The launch of the EU Strategy for Central Asia signals a qualitative shift in the Union's relations with a region of the world that is of growing importance as a supplier of energy, is geographically situated in a politically sensitive area - between China, Russia, Iran, Afghanistan and the south Caucasus - and contains some of the most authoritarian political regimes in the world. In this volume, leading specialists from Europe, the United States and Central Asia explore the key challenges facing the European Union as it seeks to balance its policies between enhancing the Union's energy, business and security interests in the region while strengthening social justice, democratisation efforts and the protection of human rights. With chapters devoted to the Union's bilateral relations with Kazakhstan, Uzbekistan, Turkmenistan and Tajikistan and to the vital issues of security and democratisation, 'Engaging Central Asia' provides the first comprehensive analysis of the EU's strategic initiative in a part of the world that is fast emerging as one of the key regions of the 21st century."--BOOK JACKET.

The Impact of Private Sector Participation in Infrastructure

The Impact of Private Sector Participation in Infrastructure PDF Author: Luis A. Andres
Publisher: World Bank Publications
ISBN: 0821374109
Category : Business & Economics
Languages : en
Pages : 382

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Book Description
Infrastructure plays a key role in fostering growth and productivity and has been linked to improved earnings, health, and education levels for the poor. Yet Latin America and the Caribbean are currently faced with a dangerous combination of relatively low public and private infrastructure investment. Those investment levels must increase, and it can be done. If Latin American and Caribbean governments are to increase infrastructure investment in politically feasible ways, it is critical that they learn from experience and have an accurate idea of future impacts. This book contributes to this aim by producing what is arguably the most comprehensive privatization impact analysis in the region to date, drawing on an extremely comprehensive dataset.

Assessment of Power Sector Reforms in Asia

Assessment of Power Sector Reforms in Asia PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 929254988X
Category : Business & Economics
Languages : en
Pages : 238

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Book Description
This report examines three economies in different parts of Asia---Georgia, Sri Lanka, and Viet Nam---that introduced power sector reforms in recent years to create a commercially viable and efficient power sector. Each took a different route in moving away from a monopoly state-owned utility toward the common goal of a competitive, market-based, and better-regulated power sector. This report documents the broad spectrum of their power sector reform efforts, experiences, and relative successes as well as shortfalls, then uses international standard indicators to assess their economic, social, and environmental outcomes. Other economies should be able to draw valuable lessons and insights from this report for their own power-sector planning and policy and strategy formulation.

Mobilizing private finance for local infrastructure in Europe and Central Asia

Mobilizing private finance for local infrastructure in Europe and Central Asia PDF Author: Michel Noël
Publisher: World Bank Publications
ISBN: 9780821360552
Category : Infrastructure (Economics)
Languages : en
Pages : 92

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Book Description
Annotation "In recent years, the countries of the Europe and Central Asia (ECA) Region have experienced a marked decline in the interest of international private operators and investors in municipal infrastructure projects, in line with the trend experienced in other emerging markets. The objective of this paper is to explore the possible innovative elements of a Public-Private Partnership (PPP) in an effort to rekindle the sagging private finance interest in municipal infrastructure in the ECA Region. The contemplated PPP model would involve government, municipalities, Local Infrastructure Investment Trusts, private equity funds and/or turnaround advisors, and International Financial Institutions."

From Crisis to Stability in the Armenian Power Sector

From Crisis to Stability in the Armenian Power Sector PDF Author: Gevorg Sargsyan
Publisher: World Bank Publications
ISBN: 0821365908
Category : Business & Economics
Languages : en
Pages : 105

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Book Description
The last fifteen years have seen Armenia emerge from Soviet rule and a severe economic and energy crisis, both complicated by its newfound political surroundings. The last ten years have seen significant reform and progress in the power sector which, when compared to the progress made by its neighbors, is all the more remarkable. The benefits of reform have not been easily won, however, and Armenia's success is a tribute to its ability to learn from mistakes and persevere. A combination of improper planning and bad fortune forced the Government of Armenia to go through three separate tenders f.

Revisiting Public-Private Partnerships in the Power Sector

Revisiting Public-Private Partnerships in the Power Sector PDF Author: Maria Vagliasindi
Publisher: World Bank Publications
ISBN: 0821397656
Category : Business & Economics
Languages : en
Pages : 136

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Book Description
Public private partnerships (PPPs) could play a big role. This report reviews the evidence to date and considers different help outline the relevance of establishing appropriate legal, regulatory, contractual, and fiscal frameworks; and improving market governance to attract private investment in the power sector.

The Development of Civil Society in Central Asia

The Development of Civil Society in Central Asia PDF Author: Janice Giffen
Publisher:
ISBN: 9781897748756
Category : Asia, Central
Languages : en
Pages : 197

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Book Description
This book considers the applicability and use of civil society, both as a concept and in practice, in Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan. The volume examines whether civil society organisations (CSOs) are a progressive force for change, or a safety net. Various forms of CSOs are investigated: NGOs and community based organisations, trade unions, political parties and religious groups, as well as more long-standing soviet and traditional institutions and practices. The book contains lessons and perspectives about civil society growth across time, and considers future directions.