World Bank - The World Banks role in the electric power sector: policies for effective institutional, regulatory, and financial reform
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The World Banks role in the electric power sector: policies for effective institutional, regulatory, and financial reform
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The World Bank's Role in the Electric Power Sector : Policies for Effective Institutional, Regulatory, and Financial Reform World Bank Policy Paper, 1014-8124
author
:
publisher
:
World Bank
isbn10 | asin
:
0821323180
print isbn13
:
9780821323182
ebook isbn13
:
9780585231563
language
:
English
subject
Electric utilities--Developing countries, Electric utilities--Developing countries--Finance, World Bank.
publication date
:
1993
lcc
:
HD9685.D452W67 1993eb
ddc
:
333.79/323/091724
subject
:
Electric utilities--Developing countries, Electric utilities--Developing countries--Finance, World Bank.
Page 1
The World Bank's Role in the Electric Power Sector
Policies for Effective Institutional, Regulatory, and Financial Reform
A World Bank Policy Paper
Page 2
1993 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 January 1993 Third printing September 1996
Cover design by Walton Rosenquist and Beni Chibber-Rao
Library of Congress Cataloging-in-Publication Data
The World Bank's role in the electric power sector: policies for effective institutional, regulatory and financial reform. p. cm.(A World Bank policy paper, ISSN 1014-8124) Includes bibliographical references. ISBN 0-8213-2318-0 1. Electric utilitiesDeveloping countries. 2. Electric utilities-Developing countriesFinance. 3. World bank. I. International Bank for Reconstruction and Development. II. Series. HD9685.D452W67 1993 333.79'323'091724dc20 92-46609 CIP ISBN 0-8213-2318-0 ISSN 1014-8124
Page 3
Table of Contents
Foreword
5
Acknowledgments
6
Glossary
7
1. Summary and Conclusions
11
Transparent Regulation
14
Importation of Services
16
Commercialization and Corporatization
16
Commitment Lending
17
Private Investment
18
2. Recent Experience
19
Changing Policy Picture
19
Rapid Expansion of Power Supplies
22
Poor Performance
22
Deteriorating Finances
24
Macroeconomic Impacts
27
An Expanding Investment Program
29
Environmental Concerns
31
Reasons for the Problems
32
3. The World Bank's Role in the 1970s and 1980s
34
4. New Approaches to Power Sector Development
39
Pressures for Change: A New System of Sector Governance
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