Power for Development: A Review of the World Bank Group's Experience with Private Participation in the Electricity Sector, Page 887World Bank Publications, 2003 M01 1 - 132 pages Power for Development evaluates the performance of the World Bank Group during the 1990s in promoting private sector development in the electric power sector. This joint review aims to inform the implementation of the World Bank Group's 2001 Energy Business Renewal Strategy and the 2003 Infrastructure Plan. It is based on an evaluation of the World Bank Group's assistance for private sector development of the electric power sector in 80 countries. The main messages of the report are: - The World Bank Group should continue to support private sector development in the electric power sector as a key objective. Well-implemented Bank Group activities in this area can improve sector efficiency in countries politically committed to the advancement of power sector reforms. - Outcomes of International Finance Corporation and Multilateral Investment Guarantee Agency transactions have been positive, but the Bank's project-level outcomes were disappointing, mostly because the Bank underestimated the complexity and time required for reforms to achieve lasting and equitable outcomes. At the sector level, outcomes have been poor or, at best, mixed, except in countries fully committed to reforms. - Private sector development of the electric power sector is a work in progress because the power sector reform process is complex, takes time, is resource-intensive, and requires phasing and careful sequencing to create the conditions for sector transformation. - Much work remains to integrate poverty reduction and environmental mainstreaming into the design of power sector reform and related strategies, which to date have focused mostly on sector efficiency and macro-fiscal objectives. |
From inside the book
Results 1-5 of 44
Page v
... Asia and LAC Figure 3.6 IFC's Electric Power Sector Operations Have Better Outcomes than the Rest of its Portfolio Figure 3.7 Good Development Outcomes in Electric Power Are Associated with Good Investment Outcomes Cumulative Additions ...
... Asia and LAC Figure 3.6 IFC's Electric Power Sector Operations Have Better Outcomes than the Rest of its Portfolio Figure 3.7 Good Development Outcomes in Electric Power Are Associated with Good Investment Outcomes Cumulative Additions ...
Page vii
... Asian Development Bank ) ; Navroz Dubash ( World Resources Institute ) ; Graham Thomas ( independent consultant on electricity markets and restructuring ) ; and Catherine Waddams ( Centre for Competition and Regulation , Uni- versity of ...
... Asian Development Bank ) ; Navroz Dubash ( World Resources Institute ) ; Graham Thomas ( independent consultant on electricity markets and restructuring ) ; and Catherine Waddams ( Centre for Competition and Regulation , Uni- versity of ...
Page xvii
... Asian financial crises . The Bank's 2001 Energy Business Renewal Strategy ( EBRS ) was a response to poor portfolio performance in the 1990s , the decline in sector lending , and the pressure to encompass poverty alleviation and ...
... Asian financial crises . The Bank's 2001 Energy Business Renewal Strategy ( EBRS ) was a response to poor portfolio performance in the 1990s , the decline in sector lending , and the pressure to encompass poverty alleviation and ...
Page xviii
... Asia . In particular , IFC was a pioneer in financing private generation proj- ects in the late 1980s and early ... asiá - bution et la concurrence ommerciale . tica de 1997-98 . La estrategia de renovación del negocio de la energía ...
... Asia . In particular , IFC was a pioneer in financing private generation proj- ects in the late 1980s and early ... asiá - bution et la concurrence ommerciale . tica de 1997-98 . La estrategia de renovación del negocio de la energía ...
Page xix
... Asia . IFC and MIGA also responded to the increasing market de- mand for the financing of private sec- tor projects ( mostly generation ) one of the seven PSDE reform com- ponents being pursued by the WBG . The energy practice of the ...
... Asia . IFC and MIGA also responded to the increasing market de- mand for the financing of private sec- tor projects ( mostly generation ) one of the seven PSDE reform com- ponents being pursued by the WBG . The energy practice of the ...
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Common terms and phrases
achieved Active Annex approvals Argentina assess Banco Bank's Banque mondiale Bolivia capacity client commitment corporatization Côte d'Ivoire coun d'énergie developing countries development outcome DSPE EBRS ects El Salvador electric power projects electric power sector energía energy efficiency Energy Sector environment environmental ergy ESW/AAA été framework global IFC and MIGA IFC investment IFC projects IFC's impact implementation improve Indonesia Infrastructure investment operations investors IPPs la cartera loan macrofiscal Management ment MIGA million OMGI Operations Evaluation overall países Pakistan percent performance Philippines poor portfolio poverty reduction power projects power sector reform private participation private power private sector development proj promoting PSDE proyectos PSDE components PSDE objectives Region regulatory Renewable Energy restructuring resultados résultats risk role South Asia Strategy structure subsector tariffs tion transmission and distribution unbundling utilities World Bank Group
Popular passages
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Page xx - SFI a été l'un des premiers organismes à financer les projets de production privés vers la fin des années 1980 et au début des années 1990, la plupart du temps dans le contexte de projets d'énergie indépendants (PEI) financés par des entités étrangères.
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Page 122 - World Bank, Washington, DC Chisari, Omar, and Antonio Estache. 1999. “Universal Service Obligations in Utility Concession Contracts and the Needs of the Poor in Argentina's Privatizations.