Electricity Restructuring in Ukraine: Illusions of Power in the Power Industry?
AbstractThis paper describes the current state of restructuring in the electricity industry in Ukraine, arguing that the aim of any restructuring must be to increase efficiency, whether managerial, economic or technical. In the case of the Ukrainian power industry there is scope for all three. The current remedies proposed for this problem are competition and privatisation. The paper also shows how multi-donor teams of consultants have tried to quickly implement a complex restructuring within the industry, without a clear strategy, sequence, or adequate resources, at a time when the priorities for the industry itself have been to deal with the disturbances caused by the external political and economic environment.
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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 9803.
Date of creation: 1998
Date of revision:
electricity sector reform; regulation; give-take contracts; privatisation; competition.;
Find related papers by JEL classification:
- D40 - Microeconomics - - Market Structure and Pricing - - - General
- K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
- L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out
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- Dodonov, Boris & Opitz, Petra & Pfaffenberger, Wolfgang, 2004. "How much do electricity tariff increases in Ukraine hurt the poor?," Energy Policy, Elsevier, vol. 32(7), pages 855-863, May.
- Sanford Berg & Chen Lin & Valeriy Tsaplin, 2005. "Regulation of State-Owned and Privatized Utilities: Ukraine Electricity Distribution Company Performance," Journal of Regulatory Economics, Springer, vol. 28(3), pages 259-287, November.
- Radmilo Pesic & Diana Urge-Vorsatz, 2001. "Restructuring of the Hungarian Electricity Industry," Post-Communist Economies, Taylor & Francis Journals, vol. 13(1), pages 85-99.
- Christian von Hirschhausen & Petra Opitz, 2001. "Power Utility Re-regulation in East European and CIS Transformation Countries (1990-1999): An Institutional Interpretation," Discussion Papers of DIW Berlin 246, DIW Berlin, German Institute for Economic Research.
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