THE REGULATION OF THE ENERGY MARKET IN ROMANIA

Vasile Robu, Elena Claudia Serban () and Marina Badileanu
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Vasile Robu: Academy of Economic Studies, Bucharest
Marina Badileanu: Academy of Economic Studies, Bucharest

Theoretical and Applied Economics, 2007, vol. 6(511)(supplement), issue 6(511)(supplement), 231-246

Abstract: Delivery public utility services at the level of the demand and with the respect of an appropriate quality standard represents a fundamental element of the lasting development and of the poverty reduction. In order to resolve these problems the state intervenes in the economy, using as instruments the reform and the regulation. The established rules are usually conceived as barriers at the entering or the exit of the market, specifications for the licenses issue or for the fees establishment, monitoring of the prices or of the salaries etc. The regulation is one of the most convenient forms of policy, because it doesn’t impose new taxes or governmental expenses. It is even more attractive in a period of budgetary austerity.

Keywords: regulation; public utility; energy market; regulation authority; quality standards. REL Classification: 10J (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:6(511)(supplement):y:2007:i:6(511)(supplement):p:231-246

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