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    The Governance Brief: Governance of Asian Utilities: New Regulators Struggle in Difficult Environments (Issue 10-2004)

    Jacobs, Scott | June 2004
    Abstract
    The liberalization of utility sectors means the introduction of competition or commercial incentives by deregulation, re-regulation, and restructuring (i.e., unbundling) of utility companies. Previously, it was thought that natural monopolies would dominate utility sectors. Today, however, competition is recognized as a means to provide incentives for greater investment, while expanding services, enhancing efficiency, and lowering prices. While technological advances have extended the potential for competition, regulation is still necessary to ensure that competition actually emerges. Utility regulation has economic and political aims relevant to public and private utilities alike.
    Citation
    Jacobs, Scott. 2004. The Governance Brief: Governance of Asian Utilities: New Regulators Struggle in Difficult Environments (Issue 10-2004). © Asian Development Bank. http://hdl.handle.net/11540/2655. License: CC BY 3.0 IGO.
    Keywords
    Governance
    Corporate Governance Reform
    Governance Approach
    Governance Quality
    Public Sector Projects
    Public Sector Reform
    Government
    Institutional Framework
    Public Administration
    Business Ethics
    Political Leadership
    Public enterprises
    Public finance
    Government
    Political obligation
    Public management
    Government accountability
    Transparency in government
    Political ethics
    Government spending policy
    Government services
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    Citable URI
    http://hdl.handle.net/11540/2655
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    Author
    Jacobs, Scott
    Theme
    Governance
    Public Sector

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    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise