RT Journal Article
SR Electronic
T1 Best Practices for Encouraging Private Sector Investment and Competition in the Power Industry
JF The Journal of Structured Finance
FD Institutional Investor Journals
SP 15
OP 25
DO 10.3905/jsf.1999.320218
VO 5
IS 3
A1 Elliot Roseman
YR 1999
UL https://pm-research.com/content/5/3/15.abstract
AB This article identifies and recommends the “best practices” and specific steps that developing countries can take to encourage both private sector investment and competition in the power sector. It is based on a study done for the Asian Development Bank. Overall, the objective is to identify what that private sector participation can provide benefits to consumers of power. The five most important steps are: getting the investment framework right; deciding on the goals of restructuring and the ideal industry structure; preparing the players to participate in a competitive market; privatizing existing and new assets; ensuring that the competitive market is implemented properly.