How Long to Read Rethinking Power Sector Reform in the Developing World

How Long Does it Take to Read Rethinking Power Sector Reform in the Developing World?

It takes the average reader 7 hours and 41 minutes to read Rethinking Power Sector Reform in the Developing World by Vivien Foster

Assuming a reading speed of 250 words per minute. Learn more

Description

During the 1990s, a new paradigm for power sector reform was put forward emphasizing the restructuring of utilities, the creation of regulators, the participation of the private sector, and the establishment of competitive power markets. Twenty-five years later, only a handful of developing countries have fully implemented these Washington Consensus policies. Across the developing world, reforms were adopted rather selectively, resulting in a hybrid model, in which elements of market orientation coexist with continued state dominance of the sector. This book aims to revisit and refresh thinking on power sector reform approaches for developing countries. The approach relies heavily on evidence from the past, drawing both on broad global trends and deep case material from 15 developing countries. It is also forward looking, considering the implications of new social and environmental policy goals, as well as the emerging technological disruptions. A nuanced picture emerges. Although regulation has been widely adopted, practice often falls well short of theory, and cost recovery remains an elusive goal. The private sector has financed a substantial expansion of generation capacity; yet, its contribution to power distribution has been much more limited, with efficiency levels that can sometimes be matched by well-governed public utilities. Restructuring and liberalization have been beneficial in a handful of larger middle-income nations but have proved too complex for most countries to implement. Based on these findings, the report points to three major policy implications. First, reform efforts need to be shaped by the political and economic context of the country. The 1990s reform model was most successful in countries that had reached certain minimum conditions of power sector development and offered a supportive political environment. Second, countries found alternative institutional pathways to achieving good power sector outcomes, making a case for greater pluralism. Among the top performers, some pursued the full set of market-oriented reforms, while others retained a more important role for the state. Third, reform efforts should be driven and tailored to desired policy outcomes and less preoccupied with following a predetermined process, particularly since the twenty-first-century century agenda has added decarbonization and universal access to power sector outcomes. The Washington Consensus reforms, while supportive of the twenty-first-century century agenda, will not be able to deliver on them alone and will require complementary policy measures

How long is Rethinking Power Sector Reform in the Developing World?

Rethinking Power Sector Reform in the Developing World by Vivien Foster is 454 pages long, and a total of 115,316 words.

This makes it 153% the length of the average book. It also has 141% more words than the average book.

How Long Does it Take to Read Rethinking Power Sector Reform in the Developing World Aloud?

The average oral reading speed is 183 words per minute. This means it takes 10 hours and 30 minutes to read Rethinking Power Sector Reform in the Developing World aloud.

What Reading Level is Rethinking Power Sector Reform in the Developing World?

Rethinking Power Sector Reform in the Developing World is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Rethinking Power Sector Reform in the Developing World?

Rethinking Power Sector Reform in the Developing World by Vivien Foster is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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