The East Asian Financial Crisis : Fallout for Private Power Projects

The authors discuss the impact of the East Asian financial crisis on the power sectors of four of the most severely affected economies-Indonesia, Malaysia, the Philippines, and Thailand. For each country the authors examine the impact of the crisis on the cost of private power and the knock-on effects on retail tariffs. They also assess the sustainability of current private power programs, which hinges on the level of government risk exposure, the method used in awarding contracts, and the changed capacity needs in the wake of slowing or negative GDP growth.

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Bibliographic Details
Main Authors: Gray, R. David, Schuster, John, Schuster, Christian
Language:English
Published: World Bank, Washington, DC 1998-08
Subjects:BLACKOUTS, COAL, DEBT, DEPRECIATION, ECONOMIC GROWTH, ELECTRIC POWER, ELECTRICITY, EXCHANGE RATE, FOREIGN EXCHANGE, HYDROELECTRIC POWER, IMPORTS, INTEREST RATES, OIL, POWER, POWER DEVELOPMENT, POWER GENERATION, POWER INDUSTRY, POWER PROJECTS, POWER SECTOR, PRIVATE SECTOR, PRIVATIZATION, PRODUCERS, PROJECT FINANCE, PUBLIC UTILITIES, RATING AGENCIES, RESOURCE MOBILIZATION, RISK SHARING, STATE BANKS FINANCIAL CRISES, PRIVATE SECTOR PARTICIPATION, INDEPENDENT POWER PRODUCERS, UTILITIES, TAR, TARIFF RATES, CONTRACT ENFORCEMENT,
Online Access:http://documents.worldbank.org/curated/en/1998/08/441604/east-asian-financial-crisis-fallout-private-power-projects
http://hdl.handle.net/10986/11541
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