Record Details

The Philippine power sector: issues and solutions

Philippine Review of Economics

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Field Value
 
Title The Philippine power sector: issues and solutions
 
Creator Cham, Ma. Rowena M.; Asian Development Bank
 
Subject electric utilities; public enterprises; regulation
 
Description The Philippine government acknowledges that reliable and affordable power is important to achieve economic development and reduce poverty. In fact, it has been at the forefront for a long time, providing generation and transmission services through the National Power Corporation (NPC). However, NPC failed to deliver and live up to its mandate of providing reliable and affordable electricity. The power crisis in the 1990s, the higher the cost of electricity, and NPC's financial difficulties led to the restructuring of the sector to save this ailing industry. This paper traces the evolution of the power sector, explores the events that brought it to insolvency, and discusses the issues that need to be addressed to restore operational and financial viability. JEL classification: L94, L32
 
Publisher Philippine Review of Economics
 
Contributor
 
Date 2007-06-04
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/218
 
Source Philippine Review of Economics; Vol 44, No 1 (2007)
1655-1516
 
Language eng
 
Relation http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/218/631
 
Rights Copyright (c) 2017 Philippine Review of Economics