Electricity sector reform in South-East European countries in transition
AbstractThis article concentrates on interactions between various factors and agents like the state and its sector policies and strategies, supra-national legislation, EU accession, institutional environment and companies pursuing electricity market reform in the South-East Europe (SEE) region. It is rather obvious that the SEE countries have not succeeded in reforming their electricity sectors in a way that would enable development of stable and self-sustainable free markets for electricity, either within national borders or on the regional level. The most important research question of this article is: why did this happen? After an examination of the barriers to trade in electricity that are still present throughout SEE one can conclude that all of them can be directly traced to a single cause - rigid pricing policies that have been in place for decades and have not been removed. However, it would be too simple to say that this problem could easily be solved if only governments had the political will to do it. Since all of them carry a heavy burden of socio-economic problems that have arisen during the last two decades of post-communist transition, they would need to create a clear political strategy to gradually release their grip on electricity prices. The main conclusion is that the only possible way to finish the reform of the electricity sector in these countries successfully is to allow all market participants to do business under normal economic conditions, which seems still to be rather difficult for the governments of SEE countries.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Taylor and Francis Journals in its journal Post-Communist Economies.
Volume (Year): 22 (2010)
Issue (Month): 3 ()
Contact details of provider:
Web page: http://taylorandfrancis.metapress.com/link.asp?target=journal&id=102230
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statistics
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.