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dc.contributor.authorYi-chong, Xuen_US
dc.date.accessioned2017-04-24T09:18:36Z
dc.date.available2017-04-24T09:18:36Z
dc.date.issued2005en_US
dc.date.modified2009-12-17T22:30:22Z
dc.identifier.issn09692290en_US
dc.identifier.doi10.1080/09692290500240370en_AU
dc.identifier.urihttp://hdl.handle.net/10072/27686
dc.description.abstractThis paper argues that the standard model for reforming and restructuring the electricity industry advocated by the World Bank does not work, especially in developing and transition economies. The argument is based on the observation that there is one 'standard' model that is formulated by economists, elaborated from the reform experience in England and Wales, developed into a template for reform by the World Bank, and then transplanted to developing and transition economies. This template for reform has suffered from many failures and no successes, but is still retained. The question is how the World Bank could have got it so wrong in selling the template worldwide. The first section shows the disconnection between the institutionalized economic research and the reality. The second section discusses how the economic model was translated into policy prescriptions by the World Bank, the major force for pushing the reform. The third section examines briefly the reform experience in Orissa, India and China to show that, first, the template does not work because of original disconnection between the economic ideals and political reality, and, second, even if some ideas of the template might have merits, the template could not be copied as it stands.en_US
dc.description.peerreviewedYesen_US
dc.description.publicationstatusYesen_AU
dc.languageEnglishen_US
dc.language.isoen_AU
dc.publisherRoutledgeen_US
dc.publisher.placeUnited Kingdomen_US
dc.publisher.urihttp://www.informaworld.com/smpp/title~db=all~content=t713393878en_AU
dc.relation.ispartofstudentpublicationNen_AU
dc.relation.ispartofpagefrom647en_US
dc.relation.ispartofpageto673en_US
dc.relation.ispartofissue4en_US
dc.relation.ispartofjournalReview of International Political Economyen_US
dc.relation.ispartofvolume12en_US
dc.rights.retentionYen_AU
dc.subject.fieldofresearchcode360102en_US
dc.titleModels, templates and currents: the World Bank and electricity reformen_US
dc.typeJournal articleen_US
dc.type.descriptionC1 - Peer Reviewed (HERDC)en_US
dc.type.codeC - Journal Articlesen_US
gro.date.issued2005
gro.hasfulltextNo Full Text


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