French follies

Article Abstract:

French governments tend to favor protectionism and subsidies, and there have been complaints in Europe about unfair competition from Electricite de France (EdF) as it expands into European markets outside France. There is regulation in the electricity industry, so EdF is unlikely to treat British consumers badly if it expands into Britain. French taxpayers and consumers suffer if EdF is given unfair subsidies and other state help. The British should accept this generosity.

Editorial, France, Industrial policy, Western Europe

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Let the party begin

Article Abstract:

Brazil steps up privatization beginning Apr 29, 1997, with a program calculated to attract foreign investment to modernize its infrastructure. Top companies for sale include Companhia Vale do Rio Doce and huge electric utilities. Foreign investors, limited to minority stakes, will need local partners.

Iron ores, Iron Ore Mining, Iron Mines, Economic policy, Brazil, Privatization, Privatization (Business), Iron mining

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Russia's fallen angel

Article Abstract:

Problems at United Energy Systems, and criticisms of Anatoly Chubais, who runs the company, are examined in detail.

Management, Energy industries, Energy industry, Chubais, Anatoly, United Energy Systems

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