Charting the Diffusion of Power Sector Reforms across the Developing World
Some 25 years have elapsed since international financial institutions espoused a package of power sector reform measures that became known as the Washington Consensus. This package encompassed the establishment of autonomous regulatory entities, the vertical and horizontal unbundling of integrated national monopoly utilities, private sector participation in generation and distribution, and eventually the introduction of competition into power generation and even retail services. Exploiting a unique new data set on the timing and scope of power sector reforms adopted by 88 countries across the developing world over 25 years, this paper seeks to improve understanding of the uptake, diffusion, packaging, and sequencing of power sector reforms, and the extent to which they were affected by the economic and political characteristics of the countries concerned. The analysis focuses on describing the patterns of reform without judging their desirability or evaluating their impact. The paper finds that following rapid diffusion during 1995-2005, the spread of power sector reforms slowed significantly in 2005-15. Only a small minority of developing countries fully implemented the reform model as originally conceived. For the majority, reforms were only selectively adopted according to ease of implementation, often stagnated at an intermediate stage, and were sometimes packaged and sequenced in ways unrelated to the original logic. Country characteristics such as geography, income group, power system size, and political economy all had a significant influence on the uptake of reform. Moreover, a significant number of countries experienced reversals of private sector participation, or were unable to follow through with reform plans that were officially announced. Overall, power sector reform in the developing world lags far behind what was achieved in the developed world during the same time period. Yet, even in the developed world, the full package of reforms does not seem to have been universally adopted.
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| Format: | Working Paper biblioteca |
| Language: | English |
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World Bank, Washington, DC
2017-11
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| Subjects: | POWER SECTOR REFORM, REGULATION, POWER UTILITY, ELECTRIC UTILITIES, |
| Online Access: | http://documents.worldbank.org/curated/en/576801510076208252/Charting-the-diffusion-of-power-sector-reforms-across-the-developing-world https://hdl.handle.net/10986/28853 |
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dig-okr-10986288532024-10-17T10:42:47Z Charting the Diffusion of Power Sector Reforms across the Developing World Witte, Samantha Foster, Vivien Moreno, Alejandro Banerjee, Sudeshna Ghosh POWER SECTOR REFORM REGULATION POWER UTILITY ELECTRIC UTILITIES Some 25 years have elapsed since international financial institutions espoused a package of power sector reform measures that became known as the Washington Consensus. This package encompassed the establishment of autonomous regulatory entities, the vertical and horizontal unbundling of integrated national monopoly utilities, private sector participation in generation and distribution, and eventually the introduction of competition into power generation and even retail services. Exploiting a unique new data set on the timing and scope of power sector reforms adopted by 88 countries across the developing world over 25 years, this paper seeks to improve understanding of the uptake, diffusion, packaging, and sequencing of power sector reforms, and the extent to which they were affected by the economic and political characteristics of the countries concerned. The analysis focuses on describing the patterns of reform without judging their desirability or evaluating their impact. The paper finds that following rapid diffusion during 1995-2005, the spread of power sector reforms slowed significantly in 2005-15. Only a small minority of developing countries fully implemented the reform model as originally conceived. For the majority, reforms were only selectively adopted according to ease of implementation, often stagnated at an intermediate stage, and were sometimes packaged and sequenced in ways unrelated to the original logic. Country characteristics such as geography, income group, power system size, and political economy all had a significant influence on the uptake of reform. Moreover, a significant number of countries experienced reversals of private sector participation, or were unable to follow through with reform plans that were officially announced. Overall, power sector reform in the developing world lags far behind what was achieved in the developed world during the same time period. Yet, even in the developed world, the full package of reforms does not seem to have been universally adopted. 2017-11-14T21:07:17Z 2017-11-14T21:07:17Z 2017-11 Working Paper Document de travail Documento de trabajo http://documents.worldbank.org/curated/en/576801510076208252/Charting-the-diffusion-of-power-sector-reforms-across-the-developing-world https://hdl.handle.net/10986/28853 English Policy Research Working Paper;No. 8235 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank application/pdf World Bank, Washington, DC |
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| libraryname |
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| topic |
POWER SECTOR REFORM REGULATION POWER UTILITY ELECTRIC UTILITIES POWER SECTOR REFORM REGULATION POWER UTILITY ELECTRIC UTILITIES |
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POWER SECTOR REFORM REGULATION POWER UTILITY ELECTRIC UTILITIES POWER SECTOR REFORM REGULATION POWER UTILITY ELECTRIC UTILITIES Witte, Samantha Foster, Vivien Moreno, Alejandro Banerjee, Sudeshna Ghosh Charting the Diffusion of Power Sector Reforms across the Developing World |
| description |
Some 25 years have elapsed since
international financial institutions espoused a package of
power sector reform measures that became known as the
Washington Consensus. This package encompassed the
establishment of autonomous regulatory entities, the
vertical and horizontal unbundling of integrated national
monopoly utilities, private sector participation in
generation and distribution, and eventually the introduction
of competition into power generation and even retail
services. Exploiting a unique new data set on the timing and
scope of power sector reforms adopted by 88 countries across
the developing world over 25 years, this paper seeks to
improve understanding of the uptake, diffusion, packaging,
and sequencing of power sector reforms, and the extent to
which they were affected by the economic and political
characteristics of the countries concerned. The analysis
focuses on describing the patterns of reform without judging
their desirability or evaluating their impact. The paper
finds that following rapid diffusion during 1995-2005, the
spread of power sector reforms slowed significantly in
2005-15. Only a small minority of developing countries fully
implemented the reform model as originally conceived. For
the majority, reforms were only selectively adopted
according to ease of implementation, often stagnated at an
intermediate stage, and were sometimes packaged and
sequenced in ways unrelated to the original logic. Country
characteristics such as geography, income group, power
system size, and political economy all had a significant
influence on the uptake of reform. Moreover, a significant
number of countries experienced reversals of private sector
participation, or were unable to follow through with reform
plans that were officially announced. Overall, power sector
reform in the developing world lags far behind what was
achieved in the developed world during the same time period.
Yet, even in the developed world, the full package of
reforms does not seem to have been universally adopted. |
| format |
Working Paper |
| topic_facet |
POWER SECTOR REFORM REGULATION POWER UTILITY ELECTRIC UTILITIES |
| author |
Witte, Samantha Foster, Vivien Moreno, Alejandro Banerjee, Sudeshna Ghosh |
| author_facet |
Witte, Samantha Foster, Vivien Moreno, Alejandro Banerjee, Sudeshna Ghosh |
| author_sort |
Witte, Samantha |
| title |
Charting the Diffusion of Power Sector Reforms across the Developing World |
| title_short |
Charting the Diffusion of Power Sector Reforms across the Developing World |
| title_full |
Charting the Diffusion of Power Sector Reforms across the Developing World |
| title_fullStr |
Charting the Diffusion of Power Sector Reforms across the Developing World |
| title_full_unstemmed |
Charting the Diffusion of Power Sector Reforms across the Developing World |
| title_sort |
charting the diffusion of power sector reforms across the developing world |
| publisher |
World Bank, Washington, DC |
| publishDate |
2017-11 |
| url |
http://documents.worldbank.org/curated/en/576801510076208252/Charting-the-diffusion-of-power-sector-reforms-across-the-developing-world https://hdl.handle.net/10986/28853 |
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| _version_ |
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