Hydro resources are provided by nature. The exploitation of such resources can generate significant economic rent to the owners. In the past, governments have usually claimed ownership of hydroelectric resources and passed on the rents to their state-owned utilities, which have used them to...

This monograph contains the proceedings of a high-level workshop on "International Experience in Case-by-Case Privatization: Lessons for the Russian Federation" that was held in ST.Petersburg, Russia in July 1997. Against the backdrop of Russia's mass voucher privatization initiative in 1993-94...