Outage
Investment shortfalls in the power sector in Eastern Europe and Central Asia
Seiten
2011
World Bank Publications (Verlag)
978-0-8213-8738-2 (ISBN)
World Bank Publications (Verlag)
978-0-8213-8738-2 (ISBN)
Analyses the impacts of the financial crisis on power sectors in five countries: Armenia, Kyrgyz Republic, Romania, Serbia and Ukraine. It concludes that policymakers need to prioritize public spending and create a legal and regulatory environment more conducive to private investment.
This study analyzes the impacts of the financial crisis on power sectors in five countries in the region: Armenia, Kyrgyz Republic, Romania, Serbia and Ukraine. Before the financial crisis, these countries faced expected power shortages as a result of large investment gaps. With the financial crisis, GDP dropped, leading to a drop in demand for electricity. The drop in demand created a window of opportunity for meeting investment needs, but the crisis has limited the sources of financing available to the sector. In the post-crisis period, the study concludes that policymakers need to prioritize public spending and create a legal and regulatory environment more conducive to private investment.
This study analyzes the impacts of the financial crisis on power sectors in five countries in the region: Armenia, Kyrgyz Republic, Romania, Serbia and Ukraine. Before the financial crisis, these countries faced expected power shortages as a result of large investment gaps. With the financial crisis, GDP dropped, leading to a drop in demand for electricity. The drop in demand created a window of opportunity for meeting investment needs, but the crisis has limited the sources of financing available to the sector. In the post-crisis period, the study concludes that policymakers need to prioritize public spending and create a legal and regulatory environment more conducive to private investment.
| Verlagsort | Washington |
|---|---|
| Sprache | englisch |
| Themenwelt | Recht / Steuern ► Steuern / Steuerrecht |
| Technik ► Elektrotechnik / Energietechnik | |
| Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung | |
| Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik | |
| ISBN-10 | 0-8213-8738-3 / 0821387383 |
| ISBN-13 | 978-0-8213-8738-2 / 9780821387382 |
| Zustand | Neuware |
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