Political Economy of Energy in the Southern Cone

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Anil Hira

Book Code: C7830

ISBN: 0-275-97830-3

ISBN-13: 978-0-275-97830-3

DOI:

128 pages, figures, tables

Praeger Publishers

Publication: 3/30/2003

List Price: $75.00 (UK Sterling Price: £41.95)

Availability: In Stock

Media Type: Hardcover

Also Available: Ebook

Trim Size: 5 1/2 x 8 1/4

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Description: All around the world, economic markets are in flux. Policies to change these markets are part of the neoliberal revolution that claims the superiority of markets freed from government intervention and restrictions on trade and investment. The general conclusion among most academic and policy analysts who study developing countries is that market liberalization is a foregone conclusion. Developing countries' choices are constrained by two primary factors: first, the burden of massive external debt that forces them to court international finance, and second, the need to gain access to the world's largest markets in Europe and/or the United States, optimally through free trade agreements. The effects of market liberalization, including deregulation, privatization, and integration, require further scrutiny. Hira examines the effects of international market pressures on energy policy at the national, regional, and sectoral levels in Latin America's Southern Cone--Argentina, Bolivia, Brazil, Chile, Paraguay, and Uruguay--who belong to the MERCOSUR common market. Contrary to what is claimed and expected, he finds that a great deal of state intervention continues through regulatory policy. He also provides an thorough set of comparative political economy case studies, along with a discussion of the MERCOSUR process with regards to energy. His analysis of the political economy of electricity and natural gas deregulation is especially relevant in the wake of the California energy crisis, the Enron debacle, and international discussions about energy deregulation. This book is of particular interest to scholars, students, and other researchers involved with Latin American economic development and energy policy.

Table of Contents:

The New Terrain of State Autonomy: Regulatory Independence from Globalization
A Political Economy Framework for Sectoral Liberalization and Integraation: The Case of MERCOSUR Electricity Markets
Evaluating Market Liberalization: Electricity and Gas in the Southern Cone
The Political Economy of Sectoral Integration: The Case of MERCOSUR Electricity Markets
Conclusion: Solving Electricity and Other Regulatory Policy Problems and Utilizing Regulatory State Autonomy
Selected Bibliography
Index

LC Card Number: 2002029762

LCC Class: HD9502

Dewey Class: 333


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