Regulatory Governance in Infrastructure Industries

Regulatory Governance in Infrastructure Industries
Author: Bernardo Mueller
Publisher: World Bank Publications
Total Pages: 94
Release: 2006-01-01
Genre: Business & Economics
ISBN: 0821366106

Download Regulatory Governance in Infrastructure Industries Book in PDF, Epub and Kindle

"This paper assesses and measures regulatory governance in 21 infrastructure regulators in Brazil. Regulatory Governance is decomposed into four main attributes: autonomy; decision-rules; means and tools; and accountability. A ranking is proposed and the main areas for improvement identified. A comparison of the proposed regulatory governance index and other indexes internationally available is performed. Section 2 sets up the analytical framework for the report, identifying key components of regulatory governance, namely, autonomy (political and financial), procedures for decision-making, tools and means (including personnel), and accountability. Section 3 assesses each of these components in practice, reporting the results of a survey with 21 regulatory agencies in Brazil, which was designed and implemented in 2005. Section 4 measures regulatory governance based on three related indexes, ranks the Brazilian regulators among themselves, and compares the proposed indexes with other two indicators available in the literature. Section 5 presents the conclusions."

OECD Reviews of Regulatory Reform: Brazil 2008 Strengthening Governance for Growth

OECD Reviews of Regulatory Reform: Brazil 2008 Strengthening Governance for Growth
Author: OECD
Publisher: OECD Publishing
Total Pages: 333
Release: 2008-05-29
Genre:
ISBN: 9264042946

Download OECD Reviews of Regulatory Reform: Brazil 2008 Strengthening Governance for Growth Book in PDF, Epub and Kindle

This review analyses the challenges of strengthening regulatory governance in Brazil to improve economic growth, with appropriate regulatory frameworks for core infrastructure sectors.

Privatization and Regulatory Reform in Brazil

Privatization and Regulatory Reform in Brazil
Author: Antonio Estache
Publisher:
Total Pages: 0
Release: 2002
Genre:
ISBN:

Download Privatization and Regulatory Reform in Brazil Book in PDF, Epub and Kindle

A variety of Proposals for creating more competition within the railroad sector and in the broader freight transport sector are under consideration in countries throughout the world. Brazil, though something of a latecomer to wider infrastructure reform, has recently taken large steps in restructuring its railroad system. This paper analyzes Brazil's ongoing railroad reforms, seeking to place them in the context both of the broader reform project going on in Brazil and of railroad reforms taking place in developing and developed countries worldwide.

OECD Reviews of Regulatory Reform OECD Reviews of Regulatory Reform: Brazil 2008 Strengthening Governance for Growth

OECD Reviews of Regulatory Reform OECD Reviews of Regulatory Reform: Brazil 2008 Strengthening Governance for Growth
Author: OECD
Publisher: OECD Publishing
Total Pages: 336
Release: 2008-06-06
Genre:
ISBN: 9789264042933

Download OECD Reviews of Regulatory Reform OECD Reviews of Regulatory Reform: Brazil 2008 Strengthening Governance for Growth Book in PDF, Epub and Kindle

This review analyses the challenges of strengthening regulatory governance in Brazil to improve economic growth, with appropriate regulatory frameworks for core infrastructure sectors.

Reforming Infrastructure

Reforming Infrastructure
Author: Ioannis Nicolaos Kessides
Publisher: World Bank Publications
Total Pages: 328
Release: 2004
Genre: Business & Economics
ISBN:

Download Reforming Infrastructure Book in PDF, Epub and Kindle

Electricity, natural gas, telecommunications, railways, and water supply, are often vertically and horizontally integrated state monopolies. This results in weak services, especially in developing and transition economies, and for poor people. Common problems include low productivity, high costs, bad quality, insufficient revenue, and investment shortfalls. Many countries over the past two decades have restructured, privatized and regulated their infrastructure. This report identifies the challenges involved in this massive policy redirection. It also assesses the outcomes of these changes, as well as their distributional consequences for poor households and other disadvantaged groups. It recommends directions for future reforms and research to improve infrastructure performance, identifying pricing policies that strike a balance between economic efficiency and social equity, suggesting rules governing access to bottleneck infrastructure facilities, and proposing ways to increase poor people's access to these crucial services.

Regulation and Private Sector Investment in Infrastructure

Regulation and Private Sector Investment in Infrastructure
Author: Sheoli Pargal
Publisher: World Bank Publications
Total Pages: 48
Release: 2003
Genre: Infrastructure (Economics)
ISBN:

Download Regulation and Private Sector Investment in Infrastructure Book in PDF, Epub and Kindle

The author assesses the importance of the regulatory framework as a determinant of private sector investment in infrastructure. She uses recently compiled data on private and public sector investment in the water, power, telecommunications, railroads, and roads sectors between 1980 and 1998 in nine countries in Latin America. The author finds that the most significant institutional determinant of private investment volumes is the passage of legislation liberalizing the investment regime. This is important because it indicates that the legal basis for reform is probably more critical in determining the quality of the investment climate than specific aspects of the institutional framework governing private sector participation. In accordance with intuition, the author's results indicate that government action to increase regulatory certainty and minimize the perceived risk of expropriation through the establishment of independent regulatory bodies is a critical determinant of the volume of private investment flows. She also finds that the general relationship of private to public investment is one of substitutability.

Regulatory Reform in Brazil

Regulatory Reform in Brazil
Author: Organisation for Economic Co-operation and Development
Publisher:
Total Pages: 0
Release: 2022
Genre: Research
ISBN: 9789264865983

Download Regulatory Reform in Brazil Book in PDF, Epub and Kindle

Removing unnecessary barriers to competition through targeted reforms can foster productivity and economic growth. This Regulatory Reform Review of Brazil analyses sectors that create barriers to competition, such as regulations that create obstacles to the entry of firms, inhibit the entry of firms, or restrict activities in professional and network sectors. In a complementary way, the review also identifies government efforts to develop policies and tools to improve the quality of regulations, such as ex ante assessment of draft regulations, stakeholder engagement in rule making, and administrative simplification. High-quality regulations can stimulate productivity by encouraging the efficient allocation of resources and promoting innovation. In turn, these measures can reduce prices for consumers, stimulate the creation of jobs, and help improve living standards. The review identifies areas for reform to bring the country's regulations and institutional arrangements more in line with international best practices. It demonstrates how a proportional, clear, and efficient regulatory framework can drive improvements in Brazil's economic performance and the welfare of its citizens.