Governments that privatize state industries often retain control over key distribution assets. While there are many examples of this form of partial privatization, to our knowledge there are no substantial quantitative studies of how governments use their control under these circumstances. In...

Governments that privatize state industries often retain control over key distribution assets. While there are many examples of this form of partial privatization, to our knowledge there are no substantial quantitative studies of how governments use their control under these circumstances. In...

Robust corporate governance is vital if power utilities are to perform well (Irwin and Yamamoto 2004; Foster and Rana 2020). Corporate governance has internal and external dimensions. Aspects of internal governance include board autonomy, the quality of board proceedings, separation of board and CEO...

In pursuit of its transition from a command to a market economy, post-Soviet Russia has witnessed enormous regional differences in economic growth rates. Moreover, the economic reforms implemented under this transition, while initiated at the federal level, have also differed markedly across...

Acknowledgments -- Abbreviations -- Executive summary -- Top lessons and findings -- Interesting findings for future consideration -- Why is energy efficiency important? -- Low, medium, and high energy intensity country characteristics -- Moving from high to medium energy intensity -- Moving...

District heating (DH) plays a critical role in meeting basic heating needs in Ukraine, but the sector faces serious challenges that must be resolved to avoid collapse. For DH companies, the primary concern is financial sustainability. Companies lack the revenue to invest adequately in DH...