Regulation by Contract: A New Way to Privatize Electricity Distribution?

Fiona Woolf, Bernard Tenenbaum, Tonci Bakovic

ISBN 10: 0821355929 / ISBN 13: 9780821355923

Published by WORLD BANK PUBN, 2003

About this Item

Zustand: Gut | Sprache: Englisch | Produktart: Bücher | Keine Beschreibung verfügbar.

Seller Inventory # 2733728/3

Bibliographic Details

• Title: Regulation by Contract: A New Way to Privatize Electricity Distribution?
• Publisher: WORLD BANK PUBN
• Publication Date: 2003
• Language: English
• ISBN 10: 0821355929
• ISBN 13: 9780821355923
• Binding: Soft cover
• Condition: Gut
• Seller catalogs:
  • Bücher

About this title

Synopsis

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 whether regulation by contract or a combination of regulation by contract and regulatory independence would provide a better regulatory system for developing and transition economy countries that wish to privatize distribution systems.

Review

"...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 regulators, but also for other sectors facing similar issues -- especially water." Professor Sanford Berg, Director Public Utility Research Center, University of Florida; "...combines insight, curiosity and common sense...I have recommended this paper wherever I go" Beatriz Arizu, Director of Regulatory Studies Mercados Energeticos, S.A.; "This is an excellent, informative and useful paper. I learned a lot-- and relatively painlessly, too" Robert T. Crow, Former Chief Economist The Bechtel Group, Inc"