Corruption and Bad Governance vs. Reliable Energy in the Economies in Transition
Journal
International Journal of Contemporary ENERGY
Date Issued
2017
Author(s)
Lazarevska A. M., Mladenovska D.
DOI
10.14621/ce.20170108
Abstract
The late eighties and the early nineties of the past century marked the
breaking apart of certain states established during the post war years
of the 20th century. The disintegration of these entities set-off severe
ramifications in the affected states and their overall economy.
Additionally, countries resulting from the disintegration of the former
Yugoslavia were drawn into war conflicts, primarily affecting the basis
of these emerging economies in transition, i.e. their energy sector,
causing serious break-down in its stability and reliability.
This paper focuses not only on the challenges and implications of
decades-lasting corruption and bad governance in the economies in
transition originating from the breaking apart of the former Yugoslavia
– in particular the effects caused on the energy sector –, but as well on
the opportunities offered to these countries should they decide to
tackle this challenging status-quo and fulfil the EU accession
requirements. Analysed are political and legal constellations, relevant
stakeholders and measures affecting stability and reliability in
operating the existing energy facilities and plants, but as well similar
challenges affecting, even preventing new investments in the energy
infrastructure. The proposed reliability indicators are applied to
measure these constellations relevant for the Macedonian case.
breaking apart of certain states established during the post war years
of the 20th century. The disintegration of these entities set-off severe
ramifications in the affected states and their overall economy.
Additionally, countries resulting from the disintegration of the former
Yugoslavia were drawn into war conflicts, primarily affecting the basis
of these emerging economies in transition, i.e. their energy sector,
causing serious break-down in its stability and reliability.
This paper focuses not only on the challenges and implications of
decades-lasting corruption and bad governance in the economies in
transition originating from the breaking apart of the former Yugoslavia
– in particular the effects caused on the energy sector –, but as well on
the opportunities offered to these countries should they decide to
tackle this challenging status-quo and fulfil the EU accession
requirements. Analysed are political and legal constellations, relevant
stakeholders and measures affecting stability and reliability in
operating the existing energy facilities and plants, but as well similar
challenges affecting, even preventing new investments in the energy
infrastructure. The proposed reliability indicators are applied to
measure these constellations relevant for the Macedonian case.
Subjects