A review of World Bank lending for electric power

Mohan Munasinghe, Joseph Gilling and Melody Mason

No 107, Policy Research Working Paper Series from The World Bank

Abstract: This paper presents the result of an evaluation of about 300 power projects financed by the World Bank and IDA between 1965 and 1983. The study shows a declining trend in power sector performance in spite of Bank involvement in the sector. It recommends greater emphasis on : improving productive and allocative efficiency; increasing incentives for enhanced utility efficiency; strengthening of power-energy-macroeconomic linkages; improving investment planning to achieve a better balance between generation and distribution, and giving greater emphasis to rehabilitation and maintenance. Sector restructuring and institutional reform is also recommended to improve the social compact between government, consumers and the electric utility.

Keywords: State Owned Enterprise Reform; Public Sector Administrative & Civil Service Reform; Power & Energy Conversion; Energy Policies & Economics; Inflation; Energy Demand; Energy and Environment; Energy and Mining; Democratic Government; Economics and Finance of Public Institution Development; Public Sector Administrative and Civil Service Reform; De Facto Governments (search for similar items in EconPapers)
Date: 1989-01-31
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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:107

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