ERD Working Paper No. 44
Welfare Impactsof Electricity Generation Sector Reformin the Philippines
Natsuko Toba is a poverty reduction economist in the Infrastructure Division, East and Central Asia Department, AsianDevelopment Bank. The author expresses appreciation to Ian Hodge, Michael Pollitt, David Newbery, Jon Stern, PreetumDomah, and two anonymous referees. Participants at the Regulation seminar in May 2001and the Land Economy seminar in April 2002 of the University of Cambridge also made valuable comments.