CEU Electronic Theses and Dissertations, 2022
| Author | Sarma, Pranav |
|---|---|
| Title | With Great Power, Comes Great Responsibility: The World Bank and the Turkish Electricity Market Law (2001) |
| Summary | This study identifies the structural flaws in the Turkish electricity market which was created as per the provisions of the Electricity Market Law (EML),2001. It highlights the policies responsible for the market failing to meet its primary goals of creating a non-monopolistic, competitive and profitable commercial space for private businesses participating in the electricity market, addressing supply shortages, reducing energy poverty and so on. The study extends this investigation into understanding the reasons behind these policy decisions and the justifications for their prescription. It disagrees with the assessment that the faults in the Turkish electricity market were merely an outcome of poor implementation of those policies by the Turkish government. The study emphasises that the design of these policies are more crucial while investigating the cause of their failure than the method in which they were implemented. The study provides evidence to explain how the involvement of the World Bank and its allied institutions, which by leveraging financial conditionality tied to developmental aid, was responsible for the policies on which the new private electricity market was designed. The study draws direct links between the nature and the method of the World Bank’s involvement and the influence it had on the manner in which the privatised electricity market was created, operated and regulated. It therefore finds that the origin of the structural flaws in the market and their adverse impacts on the Turkish society, were an outcome of the World Bank’s involvement in designing the electricity market. The General Theory of Strategic Action Fields (SAF) is applied as a theoretical lens for this study, which is a major departure from previous studies of the Turkish electricity market. |
| Supervisor | Piroska, Dora |
| Department | International Relations MA |
| Full text | https://www.etd.ceu.edu/2022/sarma_pranav.pdf |
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