Electricity sector privatization in the Philippines and Thailand : comparative case studies with Argentina, Chile, and Peru | |
| Author | Todoc, Jessie L. |
| Call Number | AIT Thesis no.SM-00-3 |
| Subject(s) | Electric industries--East Asia Electric industries--Latin America Privatization--East Asia Privatization--Latin America |
| Note | A thesis submitted in partial fulfillment of the requirements for the degree of Master in Business Administration |
| Publisher | Asian Institute of Technology |
| Abstract | East Asia has lagged behind Latin America in privatizing state-owned electric utilities. The case of the Philippines and Thailand as against that of Argentina, Chile, and Peru illustrates this. Argentina, Chile, and Peru have restructured and privatized their electricity sectors up to a point in which retail competition is possible. Privatization of the electricity sectors in these three Latin American countries was preceded by the separation of the generation, transmission, and distribution functions and the creation of wholesale electricity markets. The electricity sectors in the Philippines and Thailand, on the other hand, remain under government generation and transmission monopolies, although competition has been introduced in generation by allowing the entry of independent power producers (IPPs). Both East Asian economies have plans to restructure their electricity sectors and privatize these monopolies, but seem to be taking time to do so, especially if this slowness is compared with the pace with which restructuring and privatization took place in the three Latin American countries. The experiences of Argentina, Chile, and Peru show that it is strong political commitment backed by comprehensive market-oriented economic policies that will determine the success of restructuring and privatization in the electricity sector. As far as the electricity industry itself is concerned, the determining factor for successful privatization is the introduction of competition in the generation, transmission, and distribution functions as well as the establishment of clear regulatory framework that will guide the restructured electricity market and ensure competition. |
| Year | 2000 |
| Type | Thesis |
| School | School of Management (SOM) |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Master of Business Administration (MBA) (Publication code=SM) |
| Chairperson(s) | Tang, John C. S.; |
| Examination Committee(s) | Sununta Siengthai ;Surapong Chirarattananon; |
| Scholarship Donor(s) | Asian Institute of Technology ;Government of France; |
| Degree | Thesis (M.B.A.) - Asian Institute of Technology, 2000 |