A Quarter Century Effort Yet to Come of Age: A Survey of Power Sector Reforms in Developing Countries

Jamasb, Tooraj; Nepal, Rabindra; Timilsina, Govinda R.

doi:10.1596/1813-9450-7330

Cited by 26 publications

(26 citation statements)

References 88 publications

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“…Previous studies have linked large energy shortages and investment gaps to historical, financial, social, technical, and economic factors (e.g., Jamasb et al, 2016;Dornan, 2014;Eberhard and Gratwick, 2011). Recently other studies have linked the poor outcomes to the failure of IRAs to improve the institutional conditions of the sector as private investments largely depend on their credibility and independence when investing in countries with weak institutions.…”

Section: Corruption and Independent Regulatory Agenciesmentioning

confidence: 99%

Sector reforms and institutional corruption: Evidence from electricity industry in Sub-Saharan Africa

2019

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Additional information: Use policyThe full-text may be used and/or reproduced, and given to third parties in any format or medium, without prior permission or charge, for personal research or study, educational, or not-for-prot purposes provided that:• a full bibliographic reference is made to the original source • a link is made to the metadata record in DRO • the full-text is not changed in any way The full-text must not be sold in any format or medium without the formal permission of the copyright holders.Please consult the full DRO policy for further details. AbstractIn order to reduce the influence of corruption on electricity sector performance, most Sub-Saharan African countries have implemented electricity sector reforms. However, after nearly two and half decades of reforms, there is no evidence whether the reforms have mitigated corruption. Neither is there evidence of performance improvement of the reforms in terms of technical, economic or welfare impact. This paper aims to fill this gap. We use a dynamic panel estimator with a novel panel data of 47 Sub-Saharan African countries from 2002 to 2013. We analyse the impact of corruption and two key aspects of electricity reformscreations of independent regulatory agencies and private sector participationon three key performance indicators: technical efficiency, access to electricity and income. We find that corruption can significantly reduce technical efficiency of the sector and constrain the efforts to increase access to electricity and national income. The adverse effects are reduced where independent regulatory agencies are established and privatisation is implemented. These findings suggest that well-designed reforms not only boost the performance of the sector directly, but also indirectly reduce the negative effects of macro level institutional deficiencies such as corruption on micro and macro performance indicators.

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Section: Corruption and Independent Regulatory Agenciesmentioning

confidence: 99%

Sector reforms and institutional corruption: Evidence from electricity industry in Sub-Saharan Africa

2019

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“…The increase in firm start-ups and farm productivity as a result of land reform in China was larger in villages with lower travel time to the nearest city (Deininger et al 2015). Across a large set of countries, power sector reforms appear to have improved the quality of electricity supply more in countries where regulators were more independent (Jamasb, Nepal, and Timilsina 2015). In Uganda, poor access to power supply decreased firm investment and productivity (Reinikka and Svensson 2002).…”

Section: Improving the Business Environmentmentioning

confidence: 99%

Slowdown in Emerging Markets: Rough Patch or Prolonged Weakness?

Didier¹,

Köse

Ohnsorge

et al. 2016

SSRN Journal

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Abstract: Emerging markets (EM) face their fifth consecutive year of slowing growth and a possibly longer period of sluggish performance than previously thought. This paper presents a comprehensive analysis of the nature of and the appropriate policy responses to the growth slowdown in EM. It reports three main results. First, the slowdown is synchronous and protracted, affecting a sizable number of EM, especially large ones. Second, it has been driven by both external factors, including weak world trade, low commodity prices, and tightening financial conditions; and domestic factors, including slowdown in productivity growth, bouts of policy uncertainty, and an erosion of policy buffers. Both structural and cyclical factors have contributed to the slowdown. Third, the room for accommodative cyclical fiscal and monetary policies is limited in many EM, lending urgency to putting in place structural reforms to upgrade governance structures, improve business environments, raise human and physical capital, and manage demographic pressures. JEL Classification Numbers: E60, F6, F43, O4, O43. Terms of use: Documents in

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“…Jamasb et al (2015) show that the literature consists exclusively of qualitative case studies combined with social cost-benefit analysis, often conducted at the utility level (due to the nature of social cost-benefit analysis). 54 These studies are also constrained by the availability of reliable accounting data at the utility level, and convincing cross-country comparisons are almost impossible using this technique.…”

Section: The Gap In Literaturementioning

confidence: 99%