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
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... staff . OEG assesses results and identifies lessons learned . To ensure independence , OEG reports to IFC's Board through the World Bank's Director General , Operations Evaluation . Operations Evaluation Unit of MIGA The Operations ...
... staff . OEG assesses results and identifies lessons learned . To ensure independence , OEG reports to IFC's Board through the World Bank's Director General , Operations Evaluation . Operations Evaluation Unit of MIGA The Operations ...
Page vii
... staff who were or are responsible for the World Bank Group's PSDE assistance evaluated for the study , including 154 Bank projects , 29 mature IFC in- vestment operations , and eight MIGA projects , in a total of 80 countries , and ...
... staff who were or are responsible for the World Bank Group's PSDE assistance evaluated for the study , including 154 Bank projects , 29 mature IFC in- vestment operations , and eight MIGA projects , in a total of 80 countries , and ...
Page xi
... staff on when and how to continue promoting PSDE ; ( ii ) give greater emphasis to the mainstreaming of poverty re- duction and environmental objec- tives in the design of future PSDE strategies ; and ( iii ) encourage oper- ational ...
... staff on when and how to continue promoting PSDE ; ( ii ) give greater emphasis to the mainstreaming of poverty re- duction and environmental objec- tives in the design of future PSDE strategies ; and ( iii ) encourage oper- ational ...
Page xv
... staff accordingly require guidance on when and how to continue promot- ing PSDE in an environment of heightened risk and uncertainty . Op- erational guidance is particularly needed in five areas : ( i ) how to reignite private interest ...
... staff accordingly require guidance on when and how to continue promot- ing PSDE in an environment of heightened risk and uncertainty . Op- erational guidance is particularly needed in five areas : ( i ) how to reignite private interest ...
Page xix
... staff , and mobilize learning events ; and ( iii ) ensure port- folio quality and strategic relevance through country - sector and Quality- at - Entry reviews . In practice , the Bank's approach to sector reform and its PSDE intensity ...
... staff , and mobilize learning events ; and ( iii ) ensure port- folio quality and strategic relevance through country - sector and Quality- at - Entry reviews . In practice , the Bank's approach to sector reform and its PSDE intensity ...
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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
Page 117 - Corporation is to further economic development by encouraging the growth of productive private enterprise in member countries, particularly in the less developed areas, thus supplementing the activities of the International Bank for Reconstruction and Development (hereinafter called the Bank).
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Page 122 - The California Power Crisis: Lessons for Developing Countries, Energy and Mining Committee, World Bank, April. "Zaiavlenie pravitelstva Rossiiskoi Federatsii i tsentralnogo banka Rossiiskoi Federatsii ob ekonomicheskoi politike na 2001 god i nekotorykh aspektakh strategii na crednescrochnuiu perspektivu...
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.
Page 121 - Privatisation and Poverty: The Distributional Impact of Utility Privatisation', Annals of Public and Cooperative Economics 73:4, 603-25.
Page 123 - Privatization and Utility Regulation in Developing Countries: the Lessons So Far', Annals of Public and Cooperative Economics, 70 (4), 549-87.
Page 127 - Kozloff, K. 1998. Electricity Sector Reform in Developing Countries: Implications for Renewable Energy.
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.