and recognize the implications of Knightian uncertainty and mood swings. A successful reform of prudential regulation will …

affects access, quality, and labor productivity, but negatively affects affordability. However, reform policies affect … it affects performance and interacts with reform policies. "--World Bank web site …

to access. Regarding reform of the incumbent, the author takes a preliminary first cut at examining the statistical …

reform, empirical analysis and evaluation of reforms have been of limited use for testing the economic rationale of reforms … toward filling this gap and developing a coherent framework for studying electricity reform in developing countries that … covers resource and institutional endowments, key reform steps, market structure, performance, and various impacts. "--World …

evidence supports the logic of reforms. The authors review the empirical evidence on electricity reform in developing countries …. They find that country institutions and sector governance play an important role in the success and failure of reform. And …

aggregate impact on inequality into a vertical component (between people at different pre-reform welfare levels) and a … horizontal component (between people at the same pre-reform welfare level). There is a large horizontal component which dominates …