A Scorecard for Energy Reform in Developing Countries

Only a handful of developing countries
have fully reformed their energy sector - oil, gas, and
power. A World Bank Survey of 115 developing countries shows
that on average, in mid-1998 just 39 percent of key reform
steps had been carried out. There are large variations among
countries in the number of reform steps take, with most
reforms concentrated in a small number of countries. In a
great majority of countries, little or no reform has been
done. This paper compares the results of the survey across
regions and countries, and looks at how private investment
has influenced the reforms.