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| Author: | Razavi, H. |
| Title: | Philippine energy development strategy. The economic cost of institutional inefficiencies |
| Journal: | Energy Policy
1991 : SEP, VOL. 19:7, p. 654-658 |
| Index terms: | ENERGY POLICY PHILIPPINES INVESTMENTS PRICES COSTS STRATEGY |
| Language: | eng |
| Abstract: | The energy development strategy of the Philippines is examined in the light of the present projections of energy prices; the implications of this strategy are discussed regarding the past and investments of the energy sector. In reviewing the past decisions, the paper indicates the economic costs associated with the sub-optimality of these decisions, as well as the costs related to implementation inefficiencies. In discussing the investment strategy, some recent accomplishments in the development of least-cost investment plans and the establishment of the coordinating machinery are described. |
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