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Investment Shortfalls in the Power Sector in Eastern Europe and Central Asia
Series: Directions in Development, Energy and Mining;
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9 865 Ft
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Product details:
- Publisher World Bank Group Publications
- Date of Publication 30 March 2011
- Number of Volumes Paperback
- ISBN 9780821387382
- Binding Paperback
- No. of pages160 pages
- Size 229x151x6 mm
- Weight 333 g
- Language English 0
Categories
Short description:
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.
MoreLong description:
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.
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