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Ioannis Nicolaos Kessides - Hungary: A Regulatory and Structural Review of Selected Infrastructure Sectors (World Bank Technical Paper)

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Hungary was one of the first countries in Central and Eastern Europe to embark on economic transition. It has also led the region in terms of the restructuring and privatization of the infrastructure sectorselectricity, gas, and telecommunications. In fact, when negotiations over accession into the EU commenced, Hungarys institutional and structural framework was comparable to, if not ahead of, that of most EU countries. However, even an excellent process of reform provides some opportunities for further improvements, especially as new information and experience accumulate. This report: Provides a diagnostic assessment of recent and ongoing structural and regulatory reforms in Hungarys infrastructure sectors-electricity, oil and gas, and telecommunications; Identifies priorities for additional competitive restructuring and regulatory decontrol measures, their expected impacts, and policies designed to minimize the transition costs of deregulation and market liberalization; Assesses the progress made toward compliance with the European Union (EU) accession requirements and identify areas that might benefit from special attention to accelerate the transition to a liberalized regime; Identifies the major regulatory issues that need to be addressed in the medium term by the Hungarian regulatory agencies and suggest a strategy for addressing these issues. This volume will be of interest to Bank staff, policymakers, and World Bank client countries.

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title Hungary A Regulatory and Structural Review of Selected - photo 1


title:Hungary : A Regulatory and Structural Review of Selected Infrastructure Sectors World Bank Technical Paper ; No. 474
author:Kessides, Ioannis Nicolaos.
publisher:World Bank
isbn10 | asin:0821347829
print isbn13:9780821347829
ebook isbn13:9780585377285
language:English
subjectIndustrial policy--Hungary, Trade regulation--Hungary, Hungary--Economic policy--1989-
publication date:2000
lcc:HD3616.H83H86 2000eb
ddc:338.9439
subject:Industrial policy--Hungary, Trade regulation--Hungary, Hungary--Economic policy--1989-

Page a

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Page i

WORLD BANK TECHNICAL PAPER NO. 474
Europe and Central Asia Poverty Reduction and Economic Management Series

Hungary

A Regulatory and Structural Review of Selected Infrastructure Sectors

Edited by
Ioannis N. Kessides

Hungary A Regulatory and Structural Review of Selected Infrastructure Sectors World Bank Technical Paper - image 2

Page ii

Copyright 2000
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 June 2000

Technical Papers are published to communicate the results of the Banks 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.

The findings, interpretations, and conclusions expressed in this paper are entirely those of the author(s) and should not be attributed in any manner to the World Bank, to its affiliated organizations, or to members of its Board of Executive Directors or the countries they represent. The World Bank does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. The boundaries, colors, denominations, and other information shown on any map in this volume do not imply on the part of the World Bank Group any judgment on the legal status of any territory or the endorsement or acceptance of such boundaries.

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