The Real World of Power Sector Regulation
More than twenty countries are now reforming their power sectors. For many politicians, this reform means simply restructuring and privatizing state-owned enterprises. But, what they forget or may not know is that a government cannot regulate priva...
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| Format: | Viewpoint |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/1995/06/441469/real-world-power-sector-regulation http://hdl.handle.net/10986/11658 |
| Summary: | More than twenty countries are now
reforming their power sectors. For many politicians, this
reform means simply restructuring and privatizing
state-owned enterprises. But, what they forget or may not
know is that a government cannot regulate private power
companies the way it once regulated state enterprises. The
author argues that if a government is serious about
attracting private investors, it has no choice but to adopt
a new regulatory system that keeps promises and exercises
restraint-one that is independent and open to public scrutiny. |
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