Incidencia de los problemas financieros en los racionamientos de energía eléctrica

Francisco Javier Ochoa Franco

Lecturas de Economía, 1986, issue 19, 33-96

Abstract: The chronic financial crisis of the Colombia electricity generating sector arises from the growing gap between the need for funds for investment and debt servicing, and the availability of resources for such ends. The insufficiency of funds arises from inadequate capitalization and from an inability to secure effective access to credit on both local and foreign markets. The analysis of the financial problems of the sector -inadequate capitalization, a high level of both internal and external debt, the need for more investment, etc.- has a powerful influence on the plans for expansion, -periodically precipitating electricity rationing. This analysis concludes that given the present financial problems of the sector further rationing programs will be required over the next few years.

Keywords: Crisis financiera del sector eléctrico; Colombia (search for similar items in EconPapers)
Date: 1986
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