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Regulation by Contract
Tonci Bakovic
Bernard William Tenenbaum
Fiona Woolf
其他書名
A New Way to Privatize Electricity Distribution?
出版
World Bank Publications
, 2003-01-01
主題
Business & Economics / Industries / General
Business & Economics / Development / Business Development
Business & Economics / Industries / Energy
Law / Contracts
Law / Public Utilities
Technology & Engineering / Power Resources / General
ISBN
0821355929
9780821355923
URL
http://books.google.com.hk/books?id=M6TcMqkgMkkC&hl=&source=gbs_api
EBook
SAMPLE
註釋
In many developing countries, both governments and investors have expressed disappointment with the performance of recently privatized electricity distribution companies. Some investors claim that the design of the new regulatory system is fundamentally flawed and recommend that independent regulatory commissions be replaced or supplemented by more explicit "regulation by contract" that would reduce the discretion of new commissions. This paper examines whether regulation by contract or a combination of regulation by contract and regulatory independence would provide a better regulatory system for developing and transition economy countries that wish to privatize distribution systems.