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This study analyzes the impacts of the financial crisis on power sectors in five countries in the region: Armenia, Kyrgyz Republic, Romania, Serbia and Ukraine. Before the financial crisis, these countries faced expected power shortages as a result of large investment gaps. With the financial crisis, GDP dropped, leading to a drop in demand for electricity. The drop in demand created a window of opportunity for meeting investment needs, but the crisis has limited the sources of financing available to the sector. In the post-crisis period, the study concludes that policymakers need to prioritiz

Global Financial Crisis, 2008-2009. --- Power resources --Asia, Central --Finance. --- Power resources --Europe, Eastern --Finance. --- Privatization --Asia, Central. --- Privatization --Europe, Eastern. --- Power resources --- Privatization --- Global Financial Crisis, 2008-2009 --- Business & Economics --- Industries --- Finance --- Finance. --- Global Economic Crisis, 2008-2009 --- Subprime Mortgage Crisis, 2008-2009 --- Energy --- Energy resources --- Power supply --- Denationalization --- Privatisation --- Financial crises --- Natural resources --- Energy harvesting --- Energy industries --- Contracting out --- Corporatization --- Government ownership