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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Format: | Brief |
Language: | English |
Published: |
World Bank, Washington, DC
2012
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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 |
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. |
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