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dc.contributor.authorYi-chong, Xu
dc.date.accessioned2017-05-03T12:20:34Z
dc.date.available2017-05-03T12:20:34Z
dc.date.issued2005
dc.date.modified2009-12-17T22:30:22Z
dc.identifier.issn09692290
dc.identifier.doi10.1080/09692290500240370
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.
dc.description.peerreviewedYes
dc.description.publicationstatusYes
dc.languageEnglish
dc.language.isoeng
dc.publisherRoutledge
dc.publisher.placeUnited Kingdom
dc.publisher.urihttp://www.informaworld.com/smpp/title~db=all~content=t713393878
dc.relation.ispartofstudentpublicationN
dc.relation.ispartofpagefrom647
dc.relation.ispartofpageto673
dc.relation.ispartofissue4
dc.relation.ispartofjournalReview of International Political Economy
dc.relation.ispartofvolume12
dc.rights.retentionY
dc.subject.fieldofresearchApplied economics
dc.subject.fieldofresearchPolicy and administration
dc.subject.fieldofresearchPolitical science
dc.subject.fieldofresearchcode3801
dc.subject.fieldofresearchcode4407
dc.subject.fieldofresearchcode4408
dc.titleModels, templates and currents: the World Bank and electricity reform
dc.typeJournal article
dc.type.descriptionC1 - Articles
dc.type.codeC - Journal Articles
gro.date.issued2005
gro.hasfulltextNo Full Text
gro.griffith.authorXu, Yi-chong


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