The economic development and environmental soundness of Ukraine is hampered and even threatened today by an outdated energy system, which delivers energy to the customers at high (internal and external) costs. Painful changes are necessary to adapt this system to the requirements of a market economy and international competition. Realistic projections of future energy consumption may help to clarify ...
This paper analyses progress and obstacles to gas sector reform in the most important CIS-countries (Russia, Turkmenistan, Ukraine, Uzbekistan), taking a political economy perspective. This reform process is embedded in a very specific post-Soviet institutional framework stemming from the legacy of socialism. Firstly, we review the evolution of the gas sector for the period 1992-1998. The paper then ...
This paper analyses the issues of regulatory reform in the energy industry of post- Soviet countries. We identify the characteristics of the transformation that these countries go through: it is the introduction of a) a new legal culture and b) a capitalist rationality of production in societies embedded in a post-Soviet institutional context. We identify existing models to which these countries' regulations ...