Privatization of Electricity

Dipak Basu and Victoria Miroshnik
Additional contact information
Dipak Basu: Nagasaki University
Victoria Miroshnik: Tsukuba University

Chapter 16 in International Business and Political Economy, 2015, pp 165-173 from Palgrave Macmillan

Abstract: Abstract Privatization of electricity is one of the most important policy prescriptions suggested by the World Bank and the IMF. The rationale is that the public sector electricity generating and distribution companies are both inefficient and unviable. The only alternative is to invite private sector to produce and distribute electricity. In fact such is the strength of faith in the private sector that no new loans for energy development of the developing countries are granted by the World Bank unless they will be in the private sector. The IMF is also putting pressure on the borrowing countries by suggesting the sale of public sector electricity generating and distribution companies in order to reduce public budget deficit and subsidies ( https://www.globalpolicy.org/ ).

Keywords: Hydroelectric Plant; Federal Energy Regulation Commission; Distribution Company; Private Sector Organization; Borrowing Country (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-47486-5_17

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137474865

DOI: 10.1057/9781137474865_17

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().