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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 MackerronFacing 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.
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Publication status
- Published
Journal
Energy PolicyISSN
0301-4215Publisher
ElsevierExternal DOI
Issue
2Volume
20Page range
153-162Department affiliated with
- SPRU - Science Policy Research Unit Publications
Full text available
- No
Peer reviewed?
- Yes
Legacy Posted Date
2012-02-06Usage metrics
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