IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Log in (now much improved!) to save this article

Private Power In Indonesia

Listed author(s):
  • Louis Wells
Registered author(s):

    The Asian currency crisis led to the collapse of agreements that Indonesia had negotiated for private electric power only a few years earlier. The ensuing struggle with investors created bad publicity and cost the country several hundred million dollars. As Indonesia in 2007 was designing a new law that would pass the constitutional test and encourage private investors in electric power, it was not clear that officials had fully understood the lessons of the earlier disputes. The original problems lay less in the legal framework than in lack of information about deals elsewhere, in the personal interests of highly placed individuals, and in the institutional structure and procedures for negotiations. The resulting power purchase agreements produced high electricity prices, imbalanced allocation of risks and rewards, and unwillingness to use the most effective defences when disputes arose. Learning from the past should help officials avoid similar mistakes in the future.

    If 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.

    File URL: http://www.tandfonline.com/doi/abs/10.1080/00074910701727605
    Download Restriction: Access to full text is restricted to subscribers.

    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.

    Article provided by Taylor & Francis Journals in its journal Bulletin of Indonesian Economic Studies.

    Volume (Year): 43 (2007)
    Issue (Month): 3 ()
    Pages: 341-364

    as
    in new window

    Handle: RePEc:taf:bindes:v:43:y:2007:i:3:p:341-364
    DOI: 10.1080/00074910701727605
    Contact details of provider: Web page: http://www.tandfonline.com/CBIE20

    Order Information: Web: http://www.tandfonline.com/pricing/journal/CBIE20

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:taf:bindes:v:43:y:2007:i:3:p:341-364. See general information about how to correct material in RePEc.

    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.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.