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  • Energy Sector Management Assistance Program  (4)
  • McKenzie, David  (4)
  • International Monetary Fund
  • Washington, D.C : The World Bank  (8)
  • Electric Power  (4)
  • Microfinance  (4)
  • 1
    Online Resource
    Online Resource
    Georgia Power Sector : Maximizing Finance for Development (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Economic and Sector Work Reports
    Keywords: Electric Power ; Energy ; Energy Finance ; Energy Policies and Economics ; Energy Privatization ; Energy Production and Transportation
    Abstract: Over the past two decades, the leveraging of private-sector expertise and commercial capital has helped turn around Georgia's power sector from near-complete operational and financial collapse to a sector that provides secure, affordable, and reliable electricity services to Georgian customers. However, the government may not be able to sustain the current model of financing of electricity sector investments given the expected public debt and fiscal impacts. This study develops recommendations for optimizing available financing for electricity generation and transmission investments while limiting the impacts on public finance needs and fiscal risks. To this end, the study presents: (i) a summary of the historical and required investment needs in the power generation and transmission segments; (ii) a review of the constraints to mobilizing private and commercial financing with limited impact on fiscal risks; and (iii) the development of a reform roadmap to enable sustainable financing of investments in electricity generation and transmission. The objectives of this study are to: (a) identify the obstacles to optimizing available financing for power generation and transmission investments while limiting the impacts on the public finances, and (b) present recommendations to overcoming those obstacles
    DOI: 10.1596/37733
    URL: lizenzpflichtig
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    Online Resource
    MPI Ethno. Forsch.
  • 2
    Online Resource
    Online Resource
    Mini Grids for Half a Billion People : Market Outlook and Handbook for Decision Makers (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Energy Sector Management Assistance Program Papers
    Keywords: Electric Power ; Energy ; Energy Finance ; Power and Energy Conversion ; Renewable Energy ; Solar Energy
    Abstract: This book is packed with actionable information for decision-makers, and it is the World Bank's most comprehensive and authoritative publication on mini grids to date. The objective of this comprehensive knowledge package is to present road-tested options and examples from the leading edge of mini grid development. Decision-makers can draw on these options and examples to scale up mini grid deployment in their own contexts. By acknowledging different national approaches to mini grids and providing context-specific considerations for implementation, this suite of knowledge products offers an adaptive approach to helping countries achieve their electrification targets. The book is structured as follows. The overview presents a global market outlook for mini grids and introduces the 10 building blocks that need to be in place if mini grids are to be scaled up in any country. These building blocks also represent the 10 frontiers for innovation for the sector, where, with disruptive digital solutions across all 10 frontiers, the services offered to end users can be raised to a level substantially better than what would be possible with alternatives. In the Handbook, the terms "building blocks" and "frontiers" are used interchangeably. Chapters 1-10 present the 10 building blocks in detail and answer the question how do we scale up mini grid deployment to connect half a billion people by 2030 Chapter 11 is our call to action
    DOI: 10.1596/38082
    URL: lizenzpflichtig
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    Online Resource
    MPI Ethno. Forsch.
  • 3
    Online Resource
    Online Resource
    Learning from Power Sector Reform : The Case of Ukraine (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Energy Study
    Keywords: Electric Power ; Energy ; Energy Policies and Economics ; Energy Sector Regulation ; Power Generation ; Power Sector Reform ; Utilities
    Abstract: At the time of independence, in 1991, Ukraine had a monolithic state-run power sector. Its main concern was to transform the sector into a more efficient and competitive system that can be consistent with eventual European Union membership. A series of steps were taken in this direction - some unbundling of the sector; limited privatization; establishing a regulator; and creating a wholesale power market. Unfortunately, these reform steps did not achieve the reform objectives, and, at the time, there was no political consensus on the path forward. The changing regional political landscape, especially driven by the Crimea crisis, raised a fresh impetus for the reforms as the sector faced new concerns. Security of supply concerns, particularly over gas from Russia and limited access to high quality coal mines, were suddenly centerstage for a country where the inherited system had excess supply even at peak demand. Sector reforms were undertaken to align more closely with the second and third European Union energy packages. This case study follows Ukraine power sector's reform process and presents lessons learned that can be useful for other developing countries
    DOI: 10.1596/37069
    URL: Deutschlandweit zugänglich
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    MPI Ethno. Forsch.
  • 4
    Online Resource
    Online Resource
    Moldova Electric Power Market Options : Sector Study (2015)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Energy Sector Management Assistance Program Papers
    Keywords: Electric Power ; Energy ; Energy Demand ; Energy Policies and Economics
    Abstract: The principal strategic challenges that the electricity sector in Moldova faces are to increase the security of electricity supply by diversifying sources, and to provide affordable, reliable, and sustainable energy services. To some extent this could be achieved by increasing and/or rehabilitating local generation capacity where economically justified. In addition, establishing an effective interconnection with the European Network of Transmission System Operators for Electricity (ENTSO-E) would enable the import of competitively priced power from the Energy Community (EnC) and would help overcome Moldova's electricity sector challenges. Although Moldova joined the EnC in 2010 after having implemented major and successful sector reforms, its electric power system is physically still part of the former Soviet Union's Integrated Power System/United Power System (IPS/UPS) and is effectively not interconnected with the EU/EnC's Internal Energy Market (IEM). This sector Study provides guidance to the government on significantly improving Moldova's security of energy supply via interconnection with ENTSO-E and therefore with the EU/EnC's internal energy market. The study consists of two main parts: (i) electric power system planning; and (ii) power market design, plus associated annexes
    DOI: 10.1596/36299
    URL: Deutschlandweit zugänglich
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    MPI Ethno. Forsch.
  • 5
    Online Resource
    Online Resource
    Does It Pay Firms To Register For Taxes ? : The Impact of Formality On Firm Profitability (2008)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (31 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: McKenzie, David Does It Pay Firms To Register For Taxes ?
    Keywords: Debt Markets ; E-Business ; Employment ; Entrepreneurs ; Finance and Financial Sector Development ; Firm Size ; Firms ; Macroeconomics and Economic Growth ; Medium Enterprises ; Microenterprises ; Microfinance ; Private Sector Development ; Small Enterprises ; Small Firms ; Stores ; Supplier ; Taxation and Subsidies ; Transport ; Transport Economics, Policy and Planning ; Debt Markets ; E-Business ; Employment ; Entrepreneurs ; Finance and Financial Sector Development ; Firm Size ; Firms ; Macroeconomics and Economic Growth ; Medium Enterprises ; Microenterprises ; Microfinance ; Private Sector Development ; Small Enterprises ; Small Firms ; Stores ; Supplier ; Taxation and Subsidies ; Transport ; Transport Economics, Policy and Planning ; Debt Markets ; E-Business ; Employment ; Entrepreneurs ; Finance and Financial Sector Development ; Firm Size ; Firms ; Macroeconomics and Economic Growth ; Medium Enterprises ; Microenterprises ; Microfinance ; Private Sector Development ; Small Enterprises ; Small Firms ; Stores ; Supplier ; Taxation and Subsidies ; Transport ; Transport Economics, Policy and Planning
    Abstract: This paper estimates the impact of registering for taxes on firm profits in Bolivia, the country with the highest levels of informality in Latin America. A new survey of micro and small firms enables the authors to control for a rich set of measures of owner ability and business motivations that can affect both profits and the decision to formalize. The paper identifies the impact of tax registration on business profitability using the distance of a firm from the tax office where registration occurs, conditional on the distance to the city center, as an instrument for registration. Proximity to the tax office provides firms with more information about registration, but is argued to not directly affect profits. The findings show that tax registration leads to significantly higher profits for the firms that the instrument affects. However, there is also evidence of heterogeneous effects of tax formality on profits. Tax registration is found to increase profits for the mid-size firms in the sample, but to lower profits for both the smaller and larger firms, in contrast to the standard view that formality increases profits. The analysis shows that owners of large firms who have managed to stay informal have higher entrepreneurial ability than formal firm owners, in contrast to the standard view (correct among smaller firms) that informal firm owners have low ability
    URL: Volltext  (Deutschlandweit zugänglich)
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    MPI Ethno. Forsch.
  • 6
    Online Resource
    Online Resource
    Who Are The Microenterprise Owners? : Evidence From Sri Lanka On Tokman V. De Soto (2008)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (35 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: de Mel, Suresh Who Are The Microenterprise Owners?
    Keywords: Education ; Employment ; Employment generation ; Entry costs ; Informal sector ; Labor Markets ; Labor force ; Labor organization ; Microfinance ; Productive employment ; Self employed ; Social Protections and Labor ; Tertiary Education ; Work & Working Conditions ; Worker ; Workers ; Education ; Employment ; Employment generation ; Entry costs ; Informal sector ; Labor Markets ; Labor force ; Labor organization ; Microfinance ; Productive employment ; Self employed ; Social Protections and Labor ; Tertiary Education ; Work & Working Conditions ; Worker ; Workers ; Education ; Employment ; Employment generation ; Entry costs ; Informal sector ; Labor Markets ; Labor force ; Labor organization ; Microfinance ; Productive employment ; Self employed ; Social Protections and Labor ; Tertiary Education ; Work & Working Conditions ; Worker ; Workers
    Abstract: Is the vast army of the self-employed in low income countries a source of employment generation? This paper uses data from surveys in Sri Lanka to compare the characteristics of own account workers (non-employers) with wage workers and with owners of larger firms. The authors use a rich set of measures of background, ability, and attitudes, including lottery experiments measuring risk attitudes. Consistent with the International Labor Organization's views of the self employed (represented by Tokman), the analysis finds that two-thirds to three-quarters of the own account workers have characteristics which are more like wage workers than larger firm owners. This suggests the majority of the own account workers are unlikely to become employers. Using a two and a half year panel of enterprises, the authors show that the minority of own account workers who are more like larger firm owners are more likely to expand by adding paid employees. The results suggest that finance is not the sole constraint to growth of microenterprises, and provides an explanation for the low rates of growth of enterprises supported by microlending
    URL: Volltext  (Deutschlandweit zugänglich)
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    MPI Ethno. Forsch.
  • 7
    Online Resource
    Online Resource
    Measuring Microenterprise Profits : Don't Ask How The Sausage Is Made (2007)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (29 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Woodruff, Christopher Measuring Microenterprise Profits
    Keywords: Bank Policy ; Business Environment ; Business in Development ; Competitiveness and Competition Policy ; Debt Markets ; Developing countries ; Economic Theory and Research ; Finance and Financial Sector Development ; Financial support ; Fungible ; Living Standards ; Macroeconomics and Economic Growth ; Microenterprises ; Microfinance ; Private Sector Development ; Public Sector Development ; Returns ; Tax ; Trust Fund ; Bank Policy ; Business Environment ; Business in Development ; Competitiveness and Competition Policy ; Debt Markets ; Developing countries ; Economic Theory and Research ; Finance and Financial Sector Development ; Financial support ; Fungible ; Living Standards ; Macroeconomics and Economic Growth ; Microenterprises ; Microfinance ; Private Sector Development ; Public Sector Development ; Returns ; Tax ; Trust Fund ; Bank Policy ; Business Environment ; Business in Development ; Competitiveness and Competition Policy ; Debt Markets ; Developing countries ; Economic Theory and Research ; Finance and Financial Sector Development ; Financial support ; Fungible ; Living Standards ; Macroeconomics and Economic Growth ; Microenterprises ; Microfinance ; Private Sector Development ; Public Sector Development ; Returns ; Tax ; Trust Fund
    Abstract: A large share of the world's poor is self-employed. Accurate measurement of profits from microenterprises is therefore critical for studying poverty and inequality, measuring the returns to education, and evaluating the success of microfinance programs. But a myriad of problems plague the measurement of profits. The authors report on a variety of different experiments conducted to better understand the importance of some of these problems and to draw recommendations for collecting profit data. In particular, they (1) examine how far we can reconcile self-reported profits and reports of revenue minus expenses through more detailed questions; (2) examine recall errors in sales and report on the results of experiments which randomly allocated account books to firms; and (3) ask firms how much firms like theirs underreport sales in surveys like this, and have research assistants observe the firms at random times 15-16 times during a month to provide measures for comparison. The authors conclude that firms underreport revenues by about 30 percent, that account diaries have significant effects on both revenues and expenses but not on profits, and that simply asking profits provides a more accurate measure of firm profits than detailed questions on revenues and expenses
    URL: Volltext  (Deutschlandweit zugänglich)
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    MPI Ethno. Forsch.
  • 8
    Online Resource
    Online Resource
    Returns To Capital In Microenterprises : Evidence From A Field Experiment (2007)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (37 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Woodruff, Christopher Returns To Capital In Microenterprises
    Keywords: Access to Finance ; Capital stock ; Debt Markets ; Developing countries ; Economic Theory and Research ; Equipment ; Finance and Financial Sector Development ; Investment and Investment Climate ; Investment opportunities ; Macroeconomics and Economic Growth ; Market Interest Rate ; Micorenterprises ; Microfinance ; Microfinance ; Productive Investment ; Return ; Returns ; Access to Finance ; Capital stock ; Debt Markets ; Developing countries ; Economic Theory and Research ; Equipment ; Finance and Financial Sector Development ; Investment and Investment Climate ; Investment opportunities ; Macroeconomics and Economic Growth ; Market Interest Rate ; Micorenterprises ; Microfinance ; Microfinance ; Productive Investment ; Return ; Returns ; Access to Finance ; Capital stock ; Debt Markets ; Developing countries ; Economic Theory and Research ; Equipment ; Finance and Financial Sector Development ; Investment and Investment Climate ; Investment opportunities ; Macroeconomics and Economic Growth ; Market Interest Rate ; Micorenterprises ; Microfinance ; Microfinance ; Productive Investment ; Return ; Returns
    Abstract: Small and informal firms account for a large share of employment in developing countries. The rapid expansion of microfinance services is based on the belief that these firms have productive investment opportunities and can enjoy high returns to capital if given the opportunity. However, measuring the return to capital is complicated by unobserved factors such as entrepreneurial ability and demand shocks, which are likely to be correlated with capital stock. The authors use a randomized experiment to overcome this problem and to measure the return to capital for the average microenterprise in their sample, regardless of whether they apply for credit. They accomplish this by providing cash and equipment grants to small firms in Sri Lanka, and measuring the increase in profits arising from this exogenous (positive) shock to capital stock. After controlling for possible spillover effects, the authors find the average real return to capital to be 5.7 percent a month, substantially higher than the market interest rate. They then examine the heterogeneity of treatment effects to explore whether missing credit markets or missing insurance markets are the most likely cause of the high returns. Returns are found to vary with entrepreneurial ability and with measures of other sources of cash within the household, but not to vary with risk aversion or uncertainty
    URL: Volltext  (Deutschlandweit zugänglich)
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    MPI Ethno. Forsch.
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