Economic Reform of the Electricity Industries of Central and Eastern Europe
AbstractThe purpose of this 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 the economic progress to date, we will consider and discuss progress in electricity price unbundling and rebalancing; in utility commercialisation; in industry and market restructuring and liberalisation; and in privatisation, 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 10 countries with which the EU has an Association Agreement and who are stated candidates for EU membership (the EU 10).
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Bibliographic InfoPaper provided by Centre for Economic Reform and Transformation, Heriot Watt University in its series CERT Discussion Papers with number 9725.
Date of creation: 1997
Date of revision:
inter-enterprise arrears; regulation; competition.;
Other versions of this item:
- Jon Stern & Junior R. Davis, 1998. "Economic reform of the electricity industries of Central and Eastern Europe," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 6(2), pages 427-460, November.
- 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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