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Is the World Bank Approach to Structural Reform Supported by Experience of Electricity Privatisation in the UK?",

journal contribution
posted on 2023-06-08, 09:51 authored by Adilson de Oliveira, Gordon MackerronGordon Mackerron
Facing financial crisis, and in some cases deteriorating performance, developing countries are being recommended by the World Bank to privatize their electricity systems. While reform is necessary and private capital may help solve financial problems, the experience of privatization in the UK electricity system suggests that privatization in developing countries is unlikely to be accompanied by much competition. This in turn suggests a need not for a straightforward rolling back of the state in developing countries but rather the development of new forms of state activity both in organizing, and in the longer term regulating, the new, privatized institutional structure.

History

Publication status

  • Published

Journal

Energy Policy

ISSN

0301-4215

Publisher

Elsevier

Issue

2

Volume

20

Page range

153-162

Department affiliated with

  • SPRU - Science Policy Research Unit Publications

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2012-02-06

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