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Australia's national electricity market (NEM) is national in name only. It is eight years since the NEM commenced and the objective of a fully competitive market has not been reached. The NEM's structural characteristics, shaped strongly although not exclusively by its evolving regulatory...
Persistent link: https://www.econbiz.de/10013060069
The Australian electricity sector has been radically restructured during the last decade. The drivers of this restructuring are sector-specific and public sector policies, and the broader macro policy approach of the Australian state. Using the analytical framework of French régulation theory,...
Persistent link: https://www.econbiz.de/10013060071
With the ascendancy of neoliberalism, the Australian state has not only remained strongly interventionist but expanded its sphere of influence and scope of activity which is contrary to claims of a reduced, withered or slimmed neoliberal state. The Australian state's interventions have become...
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Neoliberalism has transformed markets supplying public goods. Analysis of five real-world Australian markets reveals the eligibility rules for access and ongoing participation, interaction of participants, the role of intermediaries and government, the extent of competition, complex regulatory...
Persistent link: https://www.econbiz.de/10013060093