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World Bank - Privatization of the power and natural gas industries in Hungary and Kazakhstan, Volumes 23-451

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Hungary and Kazakhstan have privatized a large portion of their electric power and natural gas industries, but have followed different strategies. In contrast, the other former socialist countries in Central and Eastern Europe have privatized almost none. Has the privatization in these two countries been a success? What lessons can other countries learn from their experience? These countries began their reforms from different starting points. The Hungarian power and gas sectors had a long history of being relatively well managed. In contrast, Kazakhstan inherited pieces of the old systems that were designed to serve the needs of the Soviet Union and had to develop new organizations to manage the system. Privatization of the Power and Natural Gas Industries in Hungary and Kazakhstan analyzes how each country dealt with the key issues involved in the restructuring and privatization of the power and gas sectors. These issues include: industry structure, wholesale market, labor and management relations, regulatory framework, privatization objecties, and privatization methods.

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title Privatization of the Power and Natural Gas Industries in Hungary and - photo 1

title:Privatization of the Power and Natural Gas Industries in Hungary and Kazakhstan World Bank Technical Paper ; No. 451
author:
publisher:World Bank
isbn10 | asin:0821344838
print isbn13:9780821344835
ebook isbn13:9780585232058
language:English
subjectElectric utilities--Hungary, Gas industry--Hungary, Privatization--Hungary, Electric utilities--Kazakhstan, Gas industry--Kazakhstan, Privatization--Kazakhstan.
publication date:1999
lcc:HD9685.H92P75 1999eb
ddc:333.793/2/09439
subject:Electric utilities--Hungary, Gas industry--Hungary, Privatization--Hungary, Electric utilities--Kazakhstan, Gas industry--Kazakhstan, Privatization--Kazakhstan.
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Page i
World Bank Technical Paper No. 451
Privatization of the Power and Natural Gas Industries in Hungary and Kazakhstan
Privatization of the power and natural gas industries in Hungary and Kazakhstan Volumes 23-451 - image 2
Page ii
Copyright 1999
The International Bank for Reconstruction
and Development/THE WORLD BANK
1818 H Street, N.W.
Washington, D.C. 20433, U.S.A.
All rights reserved
Manufactured in the United States of America
First printing December 1999
Technical Papers are published to communicate the results of the Bank's work to the development community with the least possible delay. The typescript of this paper therefore has not been prepared in accordance with the procedures appropriate to formal printed texts, and the World Bank accepts no responsibility for errors. Some sources cited in this paper may be informal documents that are not readily available.
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