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Regulation by Contract: A New Way to Privatize Electricity Distribution? (World Bank Working Papers)

Fiona Woolf, Bernard Tenenbaum, Tonci Bakovic




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 | #5145698 in Books |  2003-10-06 | Original language:English | PDF # 1 |  9.98 x.24 x7.04l,.46 | File type: PDF | 104 pages

|| |"...pulls together a vast amount of country cases to identify key issues and approaches for addressing political tension and economic trade-offs. You can be sure that we will incorporate the insights into the PURC/World Bank Training Course-- for energy regula

In many developing countries, both governments and investors have expressed disappointment with the performance of recently privatized electricity distribution companies. Some investors claim that the design of the new regulatory system is fundamentally flawed and recommend that independent regulatory commissions be replaced or supplemented by more explicit 'regulation by contract' that would reduce the discretion of new commissions.

This paper examines whethe...

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