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Privatization and Regulation of Public Utilities in Latvia

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  • J.R. Davis

Abstract

The interaction between: (i) political constraints, in part based on notions of “nation building,” and independence; (ii) the development of a suitable legal and regulatory environment; and (iii) economic constraints such as a growing state budget deficit and a recent banking crisis, are the subject of this paper. The paper will review and discuss the main political economy and competition issues associated with the regulation and privatization of public energy and telecommunications utilities in Latvia during transition, with particular reference to case studies of Latvenergo and Lattelekom.

Suggested Citation

  • J.R. Davis, 1996. "Privatization and Regulation of Public Utilities in Latvia," CERT Discussion Papers 9614, Centre for Economic Reform and Transformation, Heriot Watt University.
    • Handle: RePEc:hwe:certdp:9614
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    References listed on IDEAS

    as
    1. I. Shteinbuka & M. Kazaks, 1996. "Fiscal Adjustment in Latvia under Transition," CERT Discussion Papers 9601, Centre for Economic Reform and Transformation, Heriot Watt University.
    2. Major, Ivan, 1991. "Private and Public Infrastructure in Eastern Europe," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 7(4), pages 76-92, Winter.
    3. Corbett, Jenny & Mayer, Colin, 1991. "Financial Reform in Eastern Europe: Progress with the Wrong Model," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 7(4), pages 57-75, Winter.
    4. J.R. Davis, 1996. "The Political Economy and Institutional Aspects of the Process of Privatizing Farming," CERT Discussion Papers 9607, Centre for Economic Reform and Transformation, Heriot Watt University.
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    1. J.R. Davis, 1997. "Understanding the Process of Decollectivization and Agricultural Privatisation in Transition Economies: The Distribution of Collective and State Farm Assets in Latvia and Lithuania," CERT Discussion Papers 9709, Centre for Economic Reform and Transformation, Heriot Watt University.
    2. Radmilo Pesic & Diana Urge-Vorsatz, 2001. "Restructuring of the Hungarian Electricity Industry," Post-Communist Economies, Taylor & Francis Journals, vol. 13(1), pages 85-99.

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