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Utility Privatization And Regulation
A Fair Deal for Consumers?

Edited by Cecilia Ugaz, UNRISD, Geneva, Switzerland and Catherine Waddams Price, Director, ESRC Centre for Competition Policy and Professor of Regulation, School of Management, University of East Anglia, UK
2003 320 pp Hardback 978 1 84376 202 7 $145.00 on-line discount $130.50

‘Whether a casual student of the subject or a specialist on utility privatization and regulation, this book captures the attention of the reader with a structure for each of the 10 chapters that takes one through a succinct yet informative background, thereby setting the tone for understanding the authors’ hypothesis and conclusions, regardless of whether one agrees with them. In summary, this is a timely, well-written book that makes a relatively novel contribution to the aftermath assessment of utility privatization and regulation in some Latin American and European countries.’
– Sergio Galina-Hidalgo, The Journal of Energy and Development

Latin American countries have now privatized a large number of their utility industries and make more use of market approaches to delivery through networks. Privatization has major consequences for efficiency, long-term growth, consumer welfare and income distribution but insufficient attention has been paid to the direct effect on consumers of regulation and the introduction of competition. This book assesses how reform processes can be improved, particularly in the light of experience in some Latin American and European countries.

Contents: Part I: Access, Affordability and Institutions 1. Introduction 2. Access by the Poor in Latin America’s Utility Reform: Subsidies and Service Obligations 3. Access to Utilities by the Poor: A Global Perspective 4. Consumer Participation and Pro-poor Regulation in Latin America Part II: Country Case Studies 5. UK Utility Reform: Distributional Implications and Government Response 6. The Reform of the Utilities Sector in Spain 7. The Reform of the Utilities Sector in Argentina 8. Can the Gains from Argentina’s Utilities Reform Offset Credit Shocks? 9. Capitalization, Regulation and the Poor: Access to Basic Services in Bolivia 10. Redistributive Impact of Privatization and Regulation of Utilities in Chile 11. The Social Impact of Privatization and the Regulation of Utilities in Peru Index Contributors: P. Arocena, G. Barja, D. Benitez, A. Casarin, O. Chisari, J. Delfino, A. Estache, K. Komives, R. Paredes, A. Pascó-Font, M. Torero, C. Ugaz, M. Urquiola, C. Waddams Price, D. Whittington, X. Wu, A. Young
View the author's website at
www.ccp.uea.ac.uk
http://www.wider.unu.edu


In Association with UNU World Institute for Development Economics Research (WIDER)


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