Electricity In Economic Development

This landmark study is the result of a collaborative research effort among the East-West Center and a group of institutions in China (Taipei), Japan, and Korea, in consultation with experts at the Massachusetts Institute of Technology and the Electric Power Research Institute of California. The first project of its kind to mobilize senior power experts in the three major countries of Northeast Asia for cooperative electric future assessment, Electricity in Economic Development highlights the critical role of the electric power sector in influencing a nation's future industrial development and its energy supply-demand pattern in the post-oil-crisis era.

Review: ?Presents an historical and comparative study of the relationship between electricity and economic growth, describing the development of the power industries in China (Taipei), Japan, and Korea. The seven contributions to this volume examine the ways in which electric utilities in Northeast Asia have handled changes in the demand for electricity and in the world energy market.

They study load management, nuclear power, supply patterns, and financial management of the utilities in the three countries for the period 1960-1980. The contributors are consultants, managers, and professors in Japan, Korea, and the United States. Kim is a professor of economics at the Hankuk University of Foreign Studies in Seoul.

Smith is a research associate in the Environment and Policy Institute of the East-West Center, where Breazeale is in the Resource Systems Institute.?-Economic Books: Current Selections