Matching Regulatory Design to Country Circumstances : The Potential of Hybrid and Transitional Models

Developing countries attempting to implement the standard model of independent regulation have encountered many problems and challenges. These may arise when a regulatory system is incompatible with the country's regulatory commitment and inst...

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Bibliographic Details
Main Author: Eberhard, Anton
Format: Brief
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2007/05/8334115/matching-regulatory-design-country-circumstances-potential-hybrid-transitional-models
http://hdl.handle.net/10986/10688
Description
Summary:Developing countries attempting to implement the standard model of independent regulation have encountered many problems and challenges. These may arise when a regulatory system is incompatible with the country's regulatory commitment and institutional and human resource endowment. Selecting from a menu of regulatory options to create a hybrid model -- one that best fits a country's own circumstances and challenges -- can improve regulatory performance.