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Electricity Reform in China, India and Russia - The World Bank Template and the Politics of Power (Hardcover, illustrated edition)
Loot Price: R4,086
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Electricity Reform in China, India and Russia - The World Bank Template and the Politics of Power (Hardcover, illustrated edition)
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Examining the reform and restructuring of the electricity industry
in China, India and Russia, this book explores the way that local
conditions and institutions shape the commitment, direction and
speed of public utility reform in the three countries. It questions
the validity of the argument that one model for electricity reforms
will work in all countries, on the grounds that the industry is the
same everywhere, by examining the World Bank's involvement in
economic reforms in developing and transition economies. The author
asks how the template developed by the World Bank has affected the
three countries and seeks to explain why changes took place, how
effectively they have been proceeding, and what the consequences
are for these countries. In so doing, Electricity Reform in China,
India and Russia challenges both the assumption behind the new
reform paradigm - that market competition is the panacea for all
the ills of the electricity industry - and the oft-cited belief
that a single template can work in different environments. China,
India and Russia have different political and economic systems and
at different development stages. Xu Yi-chong uses the experience of
the three countries to illustrate the complications created by the
use of a single template, a policy encouraged by the World Bank, to
direct reform and the need to appreciate the different problems
that each had to overcome. Academics and students who are
interested in comparative politics, comparative economics, public
policy and particularly the reform of public utilities will find
this work of great interest, as will practitioners and those who
are involved in restructuring the electricity industry worldwide.
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