UK Utility Reforms: Distributional Implications and Government Response

Catherine Waddams Price and Alison Young

No DP2001-10, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: The UK was one of the earliest countries to undertake utility reform, which included changes in ownership, in the regulatory regime and in market structure and competition. While most agree that the programme has had beneficial effects on efficiency, there has been increasing concern about the distribution of these benefits between and within stake holder groups, resulting in a second phase of reform under the Labour Government elected in 1997. This paper reports on the effects of the initial programme of reforms, and on the response of the British public, the government and the regulators.

Keywords: Agricultural innovations; Contracting out; Distribution; Privatization; Public utilities (search for similar items in EconPapers)
Date: 2001
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