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The design of infrastructure policies is a controversial issue in
the transition economies of Eastern Europe, where the dismal state
of infrastructure was widely regarded to be one of the major
obstacles to economic recovery and sustained growth. With the
imminent enlargement of the EU, Christian von Hirschhausen provides
a detailed, reflective analysis of the state of infrastructure
development in Eastern Europe. The author illustrates the different
approaches to modernizing infrastructure and the successes that
have been achieved in terms of fiscal relief, private investment
and increased efficiency. Based upon a comparative institutional
analysis and extensive field research and case studies, he provides
empirical evidence from different sectors (power, gas, railways,
roads, R&D), with particular emphasis on countries such as
Poland, Hungary, the Czech Republic, the Baltics and Russia. Given
the substantial institutional instability of the early years of
transition, the author promotes a gradual but time-consistent
approach to liberalization as a more promising path towards a
market economy and increased efficiency. The author offers sound
policy recommendations on how best to achieve the successful
modernization of East European infrastructure in the course of
EU-enlargement. This book will be indispensable to all researchers
and academics of European integration and transition economics,
policymakers in the EU, and institutions such as development banks
which are active in the restructuring process in Eastern Europe and
EU-enlargement.
This book provides a balanced presentation of international trends
in infrastructure regulation and financing. Based on recent
developments in microeconomic theory, it comprehensively discusses
the role of the state and the private sector in infrastructure
provision. As well as a thorough overview of the relevant
theoretical issues, the authors carefully examine national
experiences of private participation in infrastructure. In
particular, they explore sectoral restructuring in the electricity,
telecommunications, water and transport sectors. The book includes
case studies from both Argentina and the UK, and places a
particular focus on Germany which, for a developed country, is a
peculiar latecomer in terms of infrastructure sector reform. Well
argued and rich in new insights, this book offers a meticulous and
informative analysis of current trends in infrastructure
privatization and deregulation. Among the authors are well-known
specialists as well as younger researchers who provide a fresh
perspective on the issue. The book will be of interest and
relevance to researchers, academics, policymakers and international
organizations interested in regulation and the modernization of
infrastructure both in developed and developing countries.
This open access textbook provides a concise introduction to
economic approaches and mathematical methods for the study of water
allocation and distribution problems. Written in an accessible and
straightforward style, it discusses and analyzes central issues in
integrated water resource management, water tariffs, water markets,
and transboundary water management. By illustrating the interplay
between the hydrological cycle and the rules and institutions that
govern today's water allocation policies, the authors develop a
modern perspective on water management. Moreover, the book presents
an in-depth assessment of the political and ethical dimensions of
water management and its institutional embeddedness, by discussing
distribution issues and issues of the enforceability of human
rights in managing water resources. Given its scope, the book will
appeal to advanced undergraduate and graduate students of economics
and engineering, as well as practitioners in the water sector,
seeking a deeper understanding of economic approaches to the study
of water management.
In economic, technical and political terms, the security of energy
supply is of the utmost importance for Europe. Alongside
competition and sustainability, supply security represents a
cornerstone of the EU's energy policy, and in times of rising
geopolitical conflict plays an increasingly important role in its
external relation. Within this context, the contributors analyse
and explore the natural gas, nuclear, and hydrogen energy sectors,
which will be of critical significance for the future of energy
supplies in EuropeThe book opens with an extensive exploration of
the very definition of `supply security' and moves beyond
sector-specific debates to highlight the political sensitivity
surrounding energy security. The expert contributors apply a policy
perspective, underpinned by theoretical discussion, to economic
analysis in order to yield policy-relevant conclusions. They
illustrate that the EU lacks a coherent transnational energy
policy, that national energy policies fail to match EU goals and
that, ultimately, sustainable energy policies, more competition,
and better regulation will improve global welfare Academics and EU
policymakers- both at national and international levels-will find
that the topical policy recommendations, extensive overview of
supply security, and detailed perspectives on the natural gas,
nuclear and hydrogen sectors presented herewith constitute an
invaluable reference and recearch tool
This Open-Access-Book covers different aspects of the low-carbon
energy transformation in a unique manner, with a particular focus
on two regions, South Asia and Sub-Saharan Africa. The first part
of the book provides useful insights on changes and reforms in the
energy sector of Bangladesh, while the second part illustrates the
low-carbon energy transformation in South Asia and the third part
covers lessons from Sub-Saharan Africa. In all of these regions,
the energy sector is undergoing major changes, driven by the four
D's: Decarbonization, decentralization, digitization, and
democratization. Major overhauls are taking place at all levels:
The country level, where energy mixes are rapidly changing, the
corporate level, where large state-owned and private companies are
challenged and new actors are emerging, and the local level, where
technical and regulatory change has made citizen engagement and
community power an option to replace or at least complement
centralized supply structures.
This open access textbook provides a concise introduction to
economic approaches and mathematical methods for the study of water
allocation and distribution problems. Written in an accessible and
straightforward style, it discusses and analyzes central issues in
integrated water resource management, water tariffs, water markets,
and transboundary water management. By illustrating the interplay
between the hydrological cycle and the rules and institutions that
govern today's water allocation policies, the authors develop a
modern perspective on water management. Moreover, the book presents
an in-depth assessment of the political and ethical dimensions of
water management and its institutional embeddedness, by discussing
distribution issues and issues of the enforceability of human
rights in managing water resources. Given its scope, the book will
appeal to advanced undergraduate and graduate students of economics
and engineering, as well as practitioners in the water sector,
seeking a deeper understanding of economic approaches to the study
of water management.
This book provides an in-depth analysis of the energy
transformation process ongoing in Germany, now commonly referred to
as energiewende, in the European context, with a focus on the
electricity sector. It presents an expert look at the origins of
the German energiewende, its concrete implementation, its impacts
within the European context as well as medium and long-term
perspectives. The authors, internationally recognized energy,
electricity, and climate economists at the German Institute for
Economic Research (DIW Berlin) and Berlin University of Technology,
conclude that the first years of the energiewende have successfully
laid the foundation for a renewables-based electricity system in
Germany, but that challenges remain in relation to decarbonizing
the electricity system and phasing out nuclear energy. The authors
also provide ground-breaking insights to inform energy policy in
other countries and at the European level. In the outlook, the
authors explore upcoming issues, such as coupling between the
electricity and other sectors, and behavioral changes of industry
and households. The book addresses readers in the energy industry,
energy and climate policymakers, regulators, and others interested
in the low carbon energy system transformation in Germany, Europe,
and worldwide.
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