1. Economic Adviser at the Energy Department, World Bank, 1818 H Street, NW, Washington, DC 20433, USA;2. Senior Economist at the Energy Department, World Bank, 1818 H Street, NW, Washington, DC 20433, USA
Abstract:
Problems in the organization and management of the electric power sector in developing countries form the primary constraint to an efficient and least-cost development of the sector between now and the year 2000. In addressing the sector management and organization issues the authors state that emphasis must be placed on the three-fold objectives of; insulating top power company management from political influence and from government civil service and lower-level bureaucratic constraints; providing company management with incentives to undertake new initiatives and for efficient performance in implementing agreed performance objectives which can be monitored by government (greater delegation and perhaps selected forms of divestiture); and attempting to involve electric power consumers more directly in an advisory and policy role in the sector.