Electricity Reform in Argentina: Lessons for Developing Countries

Michael Pollitt

Cambridge Working Papers in Economics from Faculty of Economics, University of Cambridge

Abstract: Argentina was one of the first countries in the world to implement a comprehensive reform of its electricity sector in the recent period. Among developing countries only Chile has had a comparably comprehensive and successful reform. This paper traces the history of the Argentine reform, which began in 1992, and assesses its progress and its lessons. We conclude that the reform was very successful prior to the collapse of the Argentine peso in early 2002. We suggest lessons for the generation, transmission and distribution sectors, as well as the economic regulation of electricity and the general institutional environment favourable to reform. We note that the achievements of the sector are now threatened by the delays in tackling the financial consequences of the peso devaluation.

Keywords: Argentina; electricity; restructuring; regulation; privatisation. (search for similar items in EconPapers)
JEL-codes: L33 L51 L98 (search for similar items in EconPapers)
Pages: 46
Date: 2004-10
New Economics Papers: this item is included in nep-com and nep-lam
Note: CMI, IO
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

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Related works:
Journal Article: Electricity reform in Argentina: Lessons for developing countries (2008)
Working Paper: Electricity Reform in Argentina: Lessons for Developing Countries (2008)
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