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. |
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... findings . Operations Evaluation Group : Evaluating IFC CONTRIBUTING TO SUSTAINABLE PRIVATE SECTOR DEVELOPMENT THROUGH EXCELLENCE IN EVALUATION The Operations Evaluation Group ( OEG ) was set up in 1995 as an independent evaluation unit ...
... findings . Operations Evaluation Group : Evaluating IFC CONTRIBUTING TO SUSTAINABLE PRIVATE SECTOR DEVELOPMENT THROUGH EXCELLENCE IN EVALUATION The Operations Evaluation Group ( OEG ) was set up in 1995 as an independent evaluation unit ...
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... findings , interpretations , and conclusions expressed here are those of the author ( s ) and do not necessarily reflect the views of the Board of Executive Directors of the World Bank or the governments they represent . The World Bank ...
... findings , interpretations , and conclusions expressed here are those of the author ( s ) and do not necessarily reflect the views of the Board of Executive Directors of the World Bank or the governments they represent . The World Bank ...
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... Findings 43 Toward Better - Designed Interventions 54 Toward Improving WBG Processes 57 6. Recommendations Annexes 61 Annex A : Methodology and Instruments 67 Annex B : World Bank Group PSDE Portfolio - at - a - Glance 68 Annex C ...
... Findings 43 Toward Better - Designed Interventions 54 Toward Improving WBG Processes 57 6. Recommendations Annexes 61 Annex A : Methodology and Instruments 67 Annex B : World Bank Group PSDE Portfolio - at - a - Glance 68 Annex C ...
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... findings , the study recommends the following : a ) On an urgent basis , the WBG should provide operational guid- ance to WBG staff on when and how to continue promoting PSDE , given the current situation of heightened macroeconomic and ...
... findings , the study recommends the following : a ) On an urgent basis , the WBG should provide operational guid- ance to WBG staff on when and how to continue promoting PSDE , given the current situation of heightened macroeconomic and ...
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... findings are striking , given that during the 1990s the 15 or so major pri- vate power investors tended to concentrate their interest on only about 10 middle- to high - income countries . The global picture shows that while the World ...
... findings are striking , given that during the 1990s the 15 or so major pri- vate power investors tended to concentrate their interest on only about 10 middle- to high - income countries . The global picture shows that while the World ...
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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 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.