This paper outlines how a World Bank Partial Risk Guarantee (PRG) may be used to promote private sector investment in electricity distribution utilities. The paper explains how a PRG could backstop a government commitment to a pre-defined regulatory framework and a process of dispute resolution, thereby helping to mitigate regulatory risk. As a risk mitigation instrument, the World Bank PRG can also be applied to the privatization of generation, transmission...
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INFORMATION
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2002/11/01
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Document de travail (série numérotée)
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28090
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1
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1
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2010/07/01
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Mitigating regulatory risk for distribution privatization : The World Bank partial risk guarantee
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regulatory risk
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