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Institutional Challenges and Limitations in Restructuring of Infrastructure Systems in Transition: Case of Croatian Energy System

Monopoly and state ownership of infrastructure systems in developed market economies has been replaced or is being replaced (for some infrastructure sectors entirely and for some partially) by mixed and/or private ownership, liberalization, decentralization and competition. In transition countries these processes, in accordance with the entire reform dynamics, are realised in different ways: in some successfully and in other less so or even unsuccessfully. There are a lot of limitating factors in transition countries that are in conflict with institutional reforms and restructuring of infrastructure systems. What are the experiences of infrastructure policy and liberalisation in transition countries? Where is Croatia among transition economies? What are her achievements in institutional transition and restructuring of infrastructure systems?

infrastructure; restructuring; regulation; liberalization; privatization; competition; transition; infrastructure policy

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