Regulatory Reform : Institution Building - Lessons from Mexico

During the 1990s Mexico undertook some of the world's most far-reaching reforms of business regulations. Many factors, including trade liberalization and firm political commitment, drove this process. But critical to its sustained success was...

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Bibliographic Details
Main Authors: Salas, Fernando, Kikeri, Sunita
Format: Viewpoint
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2005/01/5625982/regulatory-reform-institution-building-lessons-mexico
http://hdl.handle.net/10986/11234
Description
Summary:During the 1990s Mexico undertook some of the world's most far-reaching reforms of business regulations. Many factors, including trade liberalization and firm political commitment, drove this process. But critical to its sustained success was the early development and then legal strengthening of a regulatory reform agency dedicated to pursuing consumer welfare and ensuring public scrutiny of regulations. This Note documents the agency's role in creating an environment for improved business regulation and greater transparency.