281 research outputs found
Electricity Reform in Chile: Lessons for Developing Countries
Chile was the first country in the world to implement a comprehensive reform of its electricity sector in the recent period. Among developing countries only Argentina has had a comparably comprehensive and successful reform. This paper traces the history of the Chilean reform, which began in 1982, and assesses its progress and its lessons. We conclude that the reform has been very successful. We suggest lessons for the generation, transmission and distribution sectors, as well as the economic regulation of electricity and the general institutional environment favourable to reform. We note that while the initial market structure and regulatory arrangements did give rise to certain problems, the overall experience argues strongly for the private ownership and operation of the electricity industry.Chile, electricity, restructuring, regulation, privatisation.
Who Influences Debates in Business Ethics? An Investigation into the Development of Corporate Governance in the UK since 1990.
We investigate the influences behind five major investigations into corporate governance in the UK since 1990: the Cadbury, Greenbury, Hampel and Turnbull Committees, and the Company Law Review. In each case we examine the roles of business, the authorities, public opinion and events in shaping the course of the investigation, its conclusions and its impact. We do this on the basis of interviews with members of the committees and analysis of newspaper coverage of the debates. The picture that emerges is one where the process of forming the investigating committee, its membership and its mode of operation strongly influence its recommendations and effectiveness. We draw conclusions that contrast the strong influence of the accountancy and legal professions in shaping the debate and the varied influence of the authorities, the media and events. Copyright Permission: Based on a chapter in Palgrave's forthcoming book: Jones, I & Pollitt, M (2002) Understanding How Issues in Business Ethics Develop. Reprinted with kind permission of the publisher.corporate governance, business ethics, influences, Cadbury Report, Greenbury Report, Hampel Report, Turnbull Report,Company Law Review
‘Electricity Reform in Argentina: Lessons for Developing Countries’
Argentina was one of the first countries in the world to implement a comprehensive reform of its electricity sector in the recent period. Among developing countries only Chile has had a comparably comprehensive and successful reform. This paper traces the history of the Argentine reform, which began in 1992, and assesses its progress and its lessons. We conclude that the reform was very successful prior to the collapse of the Argentine peso in early 2002. We suggest lessons for the generation, transmission and distribution sectors, as well as the economic regulation of electricity and the general institutional environment favourable to reform. We note that the achievements of the sector are now threatened by the delays in tackling the financial consequences of the peso devaluation.Argentina, electricity, restructuring, regulation, privatisation.
Moderation in all things: International comparisons of governance quality
sponsorship: The author is from the Katholieke Universiteit Leuven, Belgium. At various points the author has drawn on material from two projects he has been involved in over the past few years: EUROPAIR (2000-2004), which looked at performance management in executive agencies in four European countries, and CADS (2006-2008), which examined the development trajectories of performance measurement systems in healthcare in the Netherlands and the UK. Both projects were team efforts and both were supported by grants from the UK Economic and Social Research Council. For details of EUROPAIR, see Pollitt (2006b). For details of CADS, see Pollitt et al. (2010). The author is also grateful to a number of colleagues for comments on earlier drafts of this paper, including Frank Bannister, Colin Talbot, Wouter van Dooren, Steven van Roosbroek and Steven van de Walle. (UK Economic and Social Research Council)status: Publishe
Electricity Liberalisation in the European Union: A Progress Report
It is around 5 years since my colleague, Tooraj Jamasb, and I reviewed the EU’s progress with electricity reform (Jamasb and Pollitt, 2005). At that time many countries were still struggling to implement elements of the EU wide policy on electricity sector liberalisation that they had signed up to. In this short update paper we review the latest evidence on progress with electricity liberalisation in the EU. We begin with a short review of the legislative background. We continue with a look at the evolution of markets and trading in electricity across the EU. Next we outline progress with the key reform elements and their impact on market structure issues within the EU. We look at the performance of the whole sector and company level performance. We proceed to discuss progress in reducing emissions and promoting renewables. In closing we note recent developments in electricity reform.Single European Electricity Market, Electricity Directive
Human Resource Constraints for Electricity Regulation in Developing Countries: Has Anything Changed?
We provide strong evidence that there are significant human resource constraints which limit the scale and, hence, the scope and potential effectiveness of electricity/energy regulatory agencies in developing countries. We summarise the key findings in our earlier Domah, Pollitt and Stern paper (2002). We then consider what new evidence there is on regulatory staffing levels since 2001/2002 and on the implications of high fixed costs for developing countries’ electricity and regulatory policies. Our conclusion is that little has changed over the intervening period.electricity regulation, human resource constraints, developing countries.
Women in politics
Farai Chideya, commentator, NPR, and author, The Color of our Future: Race in the 21st Century and Katha Pollitt, Columnist, The Nation and author, Learning to Drive and Other Life Stories on the impact of race and gender on the 2008 election
Women in politics
Farai Chideya, commentator, NPR, and author, The Color of our Future: Race in the 21st Century and Katha Pollitt, Columnist, The Nation and author, Learning to Drive and Other Life Stories on the impact of race and gender on the 2008 election
Efficiency and environmental factors in the US electricity transmission industry
This research was partially funded by the Government of the Princi- pality of AsturiasandtheEuropean Regional DevelopmentFund (ERDF). The authors alsoacknowledge thesupport of theEnergyPolicy Research Group. Pollitt acknowledges the support of Ofgem in collecting the data
The Consequences for Consumer Welfare of the 2001-2003 Electricity Distribution Price Review in The Netherlands
The Dutch regulatory process for setting the first X-Factors in the electricity distribution sector has gone badly wrong. During two-and-a-half years four different X-Factors were published by the regulator. These X-Factors fluctuated wildly. We demonstrate that Dutch electricity consumers will pay at least €300mln. more over three years for the distribution of electricity than might otherwise have been the case. We estimate that benefits for companies in terms of extra revenue from lowered X-Factors amounts to 3~5 percent of total asset value. We provide a history of the regulatory process and analyse the impact of the different X-Factors on the final bills of consumers. The negative political reaction to the perceived problems of regulation has hampered the course of deregulation and the privatisation of the municipally-owned electricity companies. The Minister of Economic Affairs and the majority of Parliament want the complete ownership unbundling of the sector by 1 January 2007.electricity, price review, RPI-X, Netherlands, distribution networks
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