Privatization and Regulation of Public Utilities in Latvia
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.
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- I. Shteinbuka & M. Kazaks, 1996. "Fiscal Adjustment in Latvia under Transition," CERT Discussion Papers 9601, Centre for Economic Reform and Transformation, Heriot Watt University.
- Major, Ivan, 1991. "Private and Public Infrastructure in Eastern Europe," Oxford Review of Economic Policy, Oxford University Press, vol. 7(4), pages 76-92, Winter.
- Corbett, Jenny & Mayer, Colin, 1991.
"Financial Reform in Eastern Europe: Progress with the Wrong Model,"
Oxford Review of Economic Policy,
Oxford University Press, vol. 7(4), pages 57-75, Winter.
- Corbett, Jennifer & Mayer, Colin, 1991. "Financial Reform in Eastern Europe: Progress With the Wrong Model," CEPR Discussion Papers 603, C.E.P.R. Discussion Papers.
- 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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