As China has shifted from a planned to a market-oriented economy, it has adjusted its energy policies accordingly. As a result, the Chinese energy industry has now gone through more than seventy years of transformation. Yet to date no single work has sought to assess the key factors driving these
changes and their effects on China’s energy security, even though such questions have implications for assessments of the world’s energy security.
Energy Security in Times of Economic Transition addresses this gap. Juxtaposing a domestic perspective with a wider, pan-energy-industry view, Yao Lixia explores trends in the evolution of China’s energy policy since its inception in 1949 and discusses the relations between policy changes and
macroeconomic reforms. Then, by employing a new, ground-breaking quantitative framework for evaluating energy security, Yao crucially shows that macroeconomic reform did not improve China’s energy security over the first three decades of the reform period but in fact restricted China from
developing more effective energy policies. This insight ultimately suggests lines of inquiry that can be extended to research in other countries, especially those in the midst of economic transition.
For its detailed history of China’s energy policy and its novel, widely applicable methodology for evaluating energy security, this book is a must-read for researchers and postgraduate students in economics, security studies, political economy, and international political economy.
With the introduction of new market-oriented approaches to infrastructure finance policy decision-making in the national and subnational public sectors, there is a greater emphasis on the need for resource efficiency in the delivery of public services. There is also a critical need to evaluate and
assess the effectiveness of infrastructure finance policy implementation. Public-Private Partnerships (PPPs) bring an agility and fresh perspective to the financing and delivery of public goods and services, and allow for a higher level of creativity, innovation, and flexibility during times of
dynamic change and high demand for responsive solutions.
By introducing a comprehensive new lens through which to view infrastructure finance policy as an instrument capable of achieving long-term national and subnational policy objectives, this study offers a unique insight into the potential benefits of the adoption of PPPs within the context of
long-term capital investment planning. Through the examination of case studies from the United States, Albania and Mauritius, the author presents a transparent and integrated analysis of the role of PPPs as a policy option within this context. By demonstrating how PPPs can be utilized as a means of
financing and delivering capital infrastructure projects within unified and comprehensive capital management and budgeting systems, this book is essential reading for researchers, policy decision-makers and students of public policy, capital budgeting and infrastructure finance.