During the last two decades, fundamental changes have taken place in power sector around world, and many countries have adopted market-oriented reforms to introduce more competition into the sector. However, while the case for restructuring from economic and technical perspectives might be unambiguously strong, the performance of such reform efforts in developing countries has been mixed so far. In this paper, we argue that the political factors, institutions, actors and their interests are as important, if not more so, as economic and technical considerations, in shaping the process and outcome of power sector restructuring in Indonesia, the Philippines and Thailand.
[By Priyambudi Sulistiyanto & Wu Xun. Paper presented at Conference on Regulation, Deregulation and Re-regulation in Globalizing Asia, Public Policy Programme, National University of Singapore, March 22-24, 2004 http://www.antikorupsi.org/docs/PowerSectorPaper-Budi-WuXun.pdf]