Front Cover -- Contents -- Foreword -- Acknowledgments -- About the Authors -- Abbreviations -- Executive Summary -- Introduction -- Our Study -- Our Findings -- Organization of This Report -- Note -- Reference -- Chapter 1 Energy Markets in the Latin America and the Caribbean Region: Setting...

Front Cover -- Contents -- Foreword -- Acknowledgments -- About the Authors -- Abbreviations -- Chapter 1 Introduction -- Overview -- Why Reform? -- What Is Subsidy Reform? -- Analytical Framework -- A Political Economy Analysis of the Onset, Evolution, and Reform of Subsidy Regimes -- Case...

The large-scale transformation of Kazakhstan's power sector following independence in 1991 was reflected by the country's move toward liberalizing the market and implementing sector regulation. As an early adopter of a liberalized multimarket model consisting of bilateral, spot, balancing,...

This book proposes a simple framework for understanding the political economy of subsidy reform and applies it to four in-depth country studies covering more than 30 distinct episodes of reform. Five key lessons emerge. First, energy subsidies often follow a life cycle, beginning as a way to...

Africa needs power-power to enhance the welfare of its people and expand its economies. But Sub-Saharan Africa's power sector has the lowest generation capacity in the world. Two-thirds of the regional population remains without electricity and even those with access consume the least among the...