1.

Record Nr.

UNINA9910457048203321

Titolo

Outage [[electronic resource] ] : investment shortfalls in the power sector in Eastern Europe and Central Asia / / Ani Balabanyan ... [et al.]

Pubbl/distr/stampa

Washington, D.C., : World Bank, c2011

ISBN

1-283-06608-4

9786613066084

0-8213-8739-1

Descrizione fisica

1 online resource (180 p.)

Collana

Directions in development : energy and mining

Altri autori (Persone)

BalabanyanAni <1978->

Disciplina

332.67/22

Soggetti

Power resources - Europe, Eastern - Finance

Power resources - Asia, Central - Finance

Privatization - Europe, Eastern

Privatization - Asia, Central

Global Financial Crisis, 2008-2009

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Cover; Half Title Page; Title Page; Copyright; Contents; Foreword; Acknowledgments; Abbreviations; Chapter 1 Executive Summary; Chapter 2 Introduction; Chapter 3 Impacts of the Financial Crisis; Chapter 4 Financing Needs; Chapter 5 Conclusions; Chapter 6 Recommendations; Appendices; Back Cover

Sommario/riassunto

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 prioritiz