Outage: Investment Shortfalls in the Power Sector in Eastern Europe and Central Asia (Paperback) (ISBN-13: 9780821387382)

This study analyzes the impacts of the financial crisis on power sectors in five countries in the region: Armenia, Kyrgyz Republic, Romania, Serbia and Ukraine. Before the financial crisis, these countries faced expected power shortages as a result of large investment gaps. With the financial crisis, GDP dropped, leading to a drop in demand for electricity. The drop in demand created a window of opportunity for meeting investment needs, but the crisis has limited the sources of financing available to the sector. In the post-crisis period, the study concludes that policymakers need to prioritize public spending and create a legal and regulatory environment more conducive to private investment.

Author: Ani Balabanyan,Edon Vrenezi,Lauren Pierce
ISBN-10: 0821387383
ISBN-13: 9780821387382
Publisher: World Bank Publications
Language: English
Published: 03/30/2011
Pages: 120
Format: Paperback
Weight: 0.38lbs
Size: 9.00h x 6.00w x 0.26d

Review Citation(s):
Reference and Research Bk News 06/01/2011 pg. 88