Regulatory governance and Chile's 1998-99 electricity shortage [electronic resource] / Ronald Fischer and Alexander Galetovic.
When the La Niña drought hit Chile in 1998-99, the country's recently reformed electricity sector suffered a price collapse. Power outages followed, but were they inevitable? No. The electricity shortage can be blamed on the rigid price system and deficient regulatory governance. structures an...
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| Online Access: |
Full Text (via Open Knowledge Repository) |
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| Main Author: | |
| Corporate Authors: | , |
| Other Authors: | |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C. :
World Bank, World Bank Institute, Governance, Regulation, and Finance Division,
[2001]
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| Series: | Policy research working papers ;
no. 2704. |
| Subjects: |
| Summary: | When the La Niña drought hit Chile in 1998-99, the country's recently reformed electricity sector suffered a price collapse. Power outages followed, but were they inevitable? No. The electricity shortage can be blamed on the rigid price system and deficient regulatory governance. structures and reducing the magnitude of above-market costs associated with the contracts. |
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| Physical Description: | 1 online resource (25 pages) : illustrations. |
| Bibliography: | Includes bibliographical references (pages 19-20). |
| Source of Description, Etc. Note: | Print version record. |