Relying on Expert Panels to Help Settle Regulatory Disputes : Lessons from Chilean Experience

Starting in the 1980s Chile initiated wide-ranging economic reforms, paving the way for private sector involvement in major infrastructure sectors. With these reforms came new regulatory rules, institutions, and processes to manage the interests an...

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Bibliographic Details
Main Authors:	Jadresic, Alejandro, Bertolini, Lorenzo
Format:	Brief
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ACCESS CHARGES AIRPORTS ASSET BASE ASSET BASES COMMERCIAL CONTRACTS COMPANY CONCESSION CONCESSIONS CONTRACT PROVISIONS CREDIBILITY DEVELOPING COUNTRIES DISTRIBUTION COMPANIES DISTRIBUTION COMPANY DISTRIBUTION UTILITIES DUE PROCESS ECONOMIC REFORMS ECONOMIC REGULATION ELECTRICITY LAW ELECTRICITY SECTOR FIXED ASSETS FIXED LINE TELEPHONE FOREIGN INVESTMENT GENERATION GOVERNMENT POLICY HOLDING HOLDING COMPANY INFRASTRUCTURE REGULATION INFRASTRUCTURE SECTORS INSTITUTIONAL CAPACITY INTERNATIONAL TRADE LEGAL INSTRUMENTS MARKET STRUCTURE MOBILE PHONE NONGOVERNMENTAL ORGANIZATIONS PERCENT RATE OF RETURN POWER POWER SECTOR PRIVATE COMPANIES PRIVATE INFRASTRUCTURE PRIVATE INVESTORS PRIVATE PARTNERSHIP PRIVATE SECTOR PRIVATE SECTOR INVOLVEMENT PROVISION OF INFRASTRUCTURE PROXY PUBLIC PARTICIPATION PUBLIC WORKS PUBLIC-PRIVATE PARTNERSHIPS QUALITY OF SERVICE REGULATED INDUSTRIES REGULATION BY CONTRACT REGULATORS REGULATORY AGENCY REGULATORY AGENCY MODEL REGULATORY DECISIONS REGULATORY DISPUTES REGULATORY FRAMEWORK REGULATORY GOVERNANCE REGULATORY INSTITUTIONS REGULATORY MECHANISMS REGULATORY PROCESS REGULATORY REGIMES REGULATORY RISKS REGULATORY RULES REPLACEMENT VALUE ROADS SANITATION SANITATION SECTOR SANITATION SERVICES SERVICE PROVIDERS SERVICE STANDARDS STAKEHOLDERS STATE-OWNED COMPANIES TARIFF ADJUSTMENTS TARIFF REVIEWS TARIFFS FOR WATER TECHNICAL ASSISTANCE TELECOMMUNICATIONS TELEPHONE COMPANIES TOLL TOLL ROADS TRANSFER PAYMENTS TRANSPARENCY UTILITIES UTILITY REGULATORS WATER COMPANIES WATER SUPPLY
Online Access:	http://documents.worldbank.org/curated/en/2007/05/8334014/relying-expert-panels-help-settle-regulatory-disputes-lessons-chilean-experience http://hdl.handle.net/10986/10687

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Summary:	Starting in the 1980s Chile initiated wide-ranging economic reforms, paving the way for private sector involvement in major infrastructure sectors. With these reforms came new regulatory rules, institutions, and processes to manage the interests and expectations of such diverse stakeholders as the government, consumers, and service providers. One innovative feature is the use of expert panels -- specialized, independent, ad hoc entities affiliated with neither the government nor the sector regulator -- to resolve disputes arising from regulatory decisions. The Chilean experience with these panels offers useful lessons for policymakers.

Relying on Expert Panels to Help Settle Regulatory Disputes : Lessons from Chilean Experience

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