Utility Regulation Versus BOT Schemes an Assessment of Electricity Sector Reforms in Arab Countries PDF Download
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Author: Ahmed Galal
Publisher:
ISBN:
Category : Business enterprises
Languages : en
Pages : 36
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Author: Ahmed Galal
Publisher:
ISBN:
Category : Business enterprises
Languages : en
Pages : 36
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Author: Nicholas Stern
Publisher: MIT Press
ISBN: 0262264749
Category : Business & Economics
Languages : en
Pages : 501
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Book Description
Despite significant gains in promoting economic growth and living conditions (or "human progress") globally over the last twenty-five years, much of the developing world remains plagued by poverty and its attendant problems, including high rates of child mortality, illiteracy, environmental degradation, and war. In Growth and Empowerment, Nicholas Stern, Jean-Jacques Dethier, and F. Halsey Rogers propose a new strategy for development. Drawing on many years of work in development economics—in academia, in the field, and at international institutions such as the World Bank—the authors base their strategy on two interrelated approaches: building a climate that encourages investment and growth and at the same time empowering poor people to participate in that growth. This plan differs from other models for development, including the dogmatic approach of market fundamentalism popular in the 1980s and 1990s. Stern, Dethier, and Rogers see economic development as a dynamic process of continuous change in which entrepreneurship, innovation, flexibility, and mobility are crucial components and the idea of empowerment, as both a goal and a driver of development, is central. The book points to the unique opportunity today—after 50 years of successes and failures, and with a growing body of analytical work to draw on—to pursue new development strategies in both research and action.
Author: Ali Abdel Gadir Ali
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 52
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Author: Vivien Foster
Publisher: World Bank Publications
ISBN: 1464814430
Category : Science
Languages : en
Pages : 454
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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
Author: Eliana A. Cardoso
Publisher:
ISBN:
Category : Finance
Languages : en
Pages : 44
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Author: Sahar Tohamy
Publisher:
ISBN:
Category : Postal service
Languages : en
Pages : 48
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Author: Bernard M. Hoekman
Publisher:
ISBN:
Category : Acuerdos comerciales
Languages : en
Pages : 60
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Author: Samiha Fawzy
Publisher:
ISBN:
Category : Arab countries
Languages : en
Pages : 40
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Author: Ira W. Lieberman
Publisher:
ISBN:
Category : Business enterprises
Languages : en
Pages : 36
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Author: Samiha Fawzy
Publisher:
ISBN:
Category : Egypt
Languages : en
Pages : 44
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