Unbundling cannot be evaluated as a process independent of the overall liberalization objectives it is intended to achieve. An unbundling process can be considered successful when it achieves:
Arguments that unbundling creates additional bureaucracy overlook the fact that the “new” bureaucracy was generally a pre-existing layer in the “old” bureaucracy; spinning it out makes the new firm more nimble, without requiring additional human resources.
Are unbundled entities more transparent than the vertically integrated / state-owned utility?
Is the unbundled sector more aligned with current government policy?
Have the unbundled entities sought greater efficiencies?
Have stakeholder disputes arising from unbundling been settled?
Are the unbundled entities more dynamic and / or nimble than the vertically integrated / state-owned utility?
