Economic reform of the electricity industries of Central and Eastern Europe
AbstractThe purpose of the paper is the following: firstly, to chart how much economic reform of CEE electricity industries has taken place to date; secondly, to discuss why progress has been so limited; and thirdly, to consider the prospects over the next few years. In charting economic progress to date, we will consider and discuss progress in electricity price unbundling and rebalancing; in utility commercialization, in industry and market restructuring and liberalization; and in privatization, as well as the development of economic regulation. For the reasons outlined above, we will explore the pricing issues in some detail as they are essential for understanding the difficulties in making progress in the other aspects of economic reform. The analysis concentrates on the ten countries with which the EU has and Association Agreement and who are stated candidates for EU membership (the EU 10). Copyright The European Bank for Reconstruction and Development, 1998.
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Bibliographic InfoArticle provided by The European Bank for Reconstruction and Development in its journal Economics of Transition.
Volume (Year): 6 (1998)
Issue (Month): 2 (November)
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Other versions of this item:
- Jon Stern & Junior R. Davis, 1997. "Economic Reform of the Electricity Industries of Central and Eastern Europe," CERT Discussion Papers 9725, Centre for Economic Reform and Transformation, Heriot Watt University.
- D40 - Microeconomics - - Market Structure and Pricing - - - General
- K20 - Law and Economics - - Regulation and Business Law - - - General
- L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
- L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out
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