Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Outage: Investment Shortfalls in the Power Sector in Eastern Europe and Central Asia

Outage: Investment Shortfalls in the Power Sector in Eastern Europe and Central Asia

Vrenezi, Edon
Pierce, Lauren
Balabanyan, Ani

Paperback

Series: Directions in Development - Energy and Mining

Business GeneralInvesting & Finance

ISBN10: 0821387383
ISBN13: 9780821387382
Publisher: World Bank Publications
Published: Mar 30 2011
Pages: 120
Weight: 0.38
Height: 0.26 Width: 6.00 Depth: 9.00
Language: English
This study analyzes the impacts of the financial crisis on power sectors in five countries in the region: Armenia, Kyrgyz Republic, Romania, Serbia and Ukraine. Before the financial crisis, these countries faced expected power shortages as a result of large investment gaps. With the financial crisis, GDP dropped, leading to a drop in demand for electricity. The drop in demand created a window of opportunity for meeting investment needs, but the crisis has limited the sources of financing available to the sector. In the post-crisis period, the study concludes that policymakers need to prioritize public spending and create a legal and regulatory environment more conducive to private investment.

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