1945

Utility reform: The case of electricity

An increasing mini her of developed, developing and transitional countries are reforming their utility sectors with a view to increasing private sector participation in the provision of basic services. Although the telecommunications sector accounted for a considerable share of privatization proceeds during the 1990s, the energy sector has also played a leading role in the process of utility reform in many countries around the world. The main incentives for this worldwide trend of electricity reform include increasing operational efficiency, enhancing competition, tapping private investments for the improvement or expansion of services and reducing government debt.

Related Subject(s): Economic and Social Development
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