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The Political Economy of Institutional Change in the Electricity Supply Industry - Shifting Currents (Hardcover, illustrated edition)
Loot Price: R3,130
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The Political Economy of Institutional Change in the Electricity Supply Industry - Shifting Currents (Hardcover, illustrated edition)
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Through a variety of analytical lenses - formal modeling,
econometrics and case study comparisons - Carlos RufIn fills a gap
in the political economy of second-wave, or microeconomic, reforms
around the world. More specifically, he does so in the context of
the electricity supply industry, where such reforms have been as
problematic as they have been widespread. The author shows that
ideological considerations and bargaining over the distribution of
economic rents accruing from certain institutional arrangements are
powerful shapers of institutional change. At the same time, the
legacy of the past does not appear to have a clear or systematic
effect on the direction of second-wave reforms that seek to
transform existing economic institutions. If distributional
conflicts can be resolved, these conclusions provide grounds for
optimism about the ability to create new institutions even in
countries where little favorable precedent exists. Political
economy and public policy scholars, specialists on
business-government relations and non-market strategy and those
interested in Latin America will find this comprehensive book of
great interest. Practitioners involved in the design and
implementation of second-wave reforms around the world will find
this an essential addition to their library.
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