Economic reform of the electricity industries of Central and Eastern Europe
The 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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Volume (Year): 6 (1998)
Issue (Month): 2 (November)
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References listed on IDEAS
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