privatizing the electric power sector in brazil carlos kawall leal ferreira is sui generis perhaps it time to review received latin privatization wisdom brazilian setting feldman 1997 p 13 executive summary ongoing of s indus try and implementation a new model for this part economic transition from state led market growth also consistent with utility need raise productivity reduce costs through increased efficiency goal which entire economy must achieve order successfully integrate into global marketplace helps public debt thereby contributing fiscal adjustment make sustain long term macroeconomic standpoint these goals might not differ those other american or european countries that have pursued however certain features unique its prevented simply replicat ing models examples previously worked elsewhere first technical characteristics system were fundamentally driven by country vast river network