Market or State?: Three Decades of Reform in the Latin American Electric Power Industry

Jaime Millán

No 430 in IDB Publications (Books) from Inter-American Development Bank

Abstract: The history of the electric power industry in Latin America has been a continuous search for a formula that would yield a reliable and efficient service, accessible to all. By recognizing the difficulties encountered in the last three decades in implementing all types of models, Market or State? counsels caution and moderation in proposing reforms and allows the identification of designs that, at a reasonable cost, reduce the likelihood of causing situations that invite governments to intervene for short-term motives.

Keywords: política energética, regulación, crisis de abastecimiento, mercado mayorista, subsidios, Estado empresario, privatización; energy policy; competitive markets; regulation; supply crisis; reforms; wholesale market; subsidies; State as entrepreneur; privatizations; investments (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:idb:idbbks:430

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