ingdom, an industrialized developed country that privatized previously nationalized utilities with some success. The private sector's market orientation fosters both competition and efficiencies that are not present in a civil-service system.
A final point with regard to why developing nations in particular also restructuring their basic electricity infrastructures is related to the cost of acquiring electrical power based on either maintaining power plants that are outmoded and inefficient inside a country or purchasing power from plants that are more efficient and modern and/or owned privately that are located either in a foreign country or inside the country. The point is, as Cicchetti and Sepetys note in regard to Turkey, that "IPPs sell kWhs, not power plants" (102). If the whole point of purchasing electricity is to benefit from the power provided, then it is simply less expensive to buy the kilowatt hours outright than to have to generate the kilowatt hours while also absorbing the costs of power plant maintenance, construction, employment, et
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