Mitigating Regulatory Risk in Telecommunications

In the transition from state-owned monopolies to privately led and increasingly competitive market structures in telecommunications, poor performance of regulatory agencies limits the benefits of reform. This Note proposes measures for establishing...

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Main Authors: Smith, Peter L., Wellenius, Bjorn
Format: Viewpoint
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/1999/07/1346401/mitigating-regulatory-risk-telecommunications
http://hdl.handle.net/10986/11470
id okr-10986-11470
recordtype oai_dc
spelling okr-10986-114702021-06-14T11:02:32Z Mitigating Regulatory Risk in Telecommunications Smith, Peter L. Wellenius, Bjorn ACCESS TO INFORMATION ACCOUNTING AUCTIONS BARRIERS TO ENTRY BIDDING CENTRAL BANK COMMUNAL FACILITIES CONSUMERS DECISION- MAKING DUOPOLY ELECTRICITY EVALUATION CRITERIA FINANCIAL RESOURCES INCOME INFLATION INNOVATIONS LEARNING LICENSES MARGINAL COST MARGINAL COST PRICING MARKET POWER MARKET PRICES MEDIA MONOPOLIES OUTSOURCING PHONES POLITICAL POWER PRICE COMPETITION PRICE CONTROL PRICE INDEX PRICE REGULATION PRIVATE SECTOR PRODUCTIVITY PROVISIONS PUBLIC CONSULTATION PUBLIC SECTOR RADIO REGULATORY AGENCIES REGULATORY AGENCY REGULATORY EXPERTS REGULATORY FRAMEWORK REGULATORY POLICY REGULATORY PRINCIPLES SALES TELECENTERS TELECOMMUNICATIONS TELECOMMUNICATIONS COMPANIES TELECOMMUNICATIONS LAW TELECOMMUNICATIONS REFORM TELECOMMUNICATIONS REGULATOR TELECOMMUNICATIONS SECTOR TELECOMMUNICATIONS SERVICES TELEPHONE LINES TELEPHONE SERVICE TELEPHONE SERVICES TELEVISION TRANSPARENCY TRANSPARENT PROCESSES UNIVERSAL SERVICE UTILITIES WORLD TRADE ORGANIZATION WTO TELECOMMUNICATIONS REGULATORY STRUCTURE REGULATORY AGENCY REGULATORY FRAMEWORK MARKET COMPETITION PRICE CONTROLS MONOPOLISTIC COMPETITION LICENCING INSTITUTION BUILDING CONTRACTING In the transition from state-owned monopolies to privately led and increasingly competitive market structures in telecommunications, poor performance of regulatory agencies limits the benefits of reform. This Note proposes measures for establishing a regulatory framework that enables better sector performance even when a full-fledged regulatory agency is lacking. These measures reduce the need for agency decisions -- for example, by prepackaging rules and accelerating competition. They enhance the credibility of regulation -- for example, by locking in principles through international agreements. And they generate maximum impact from scarce professional and financial resources by using them effectively -- such as by contracting out functions and creating multisectoral or regional agencies. 2012-08-13T15:09:33Z 2012-08-13T15:09:33Z 1999-07 http://documents.worldbank.org/curated/en/1999/07/1346401/mitigating-regulatory-risk-telecommunications Viewpoint. -- Note no. 189 (July 1999) http://hdl.handle.net/10986/11470 English Viewpoint CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Viewpoint Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ACCESS TO INFORMATION
ACCOUNTING
AUCTIONS
BARRIERS TO ENTRY
BIDDING
CENTRAL BANK
COMMUNAL FACILITIES
CONSUMERS
DECISION- MAKING
DUOPOLY
ELECTRICITY
EVALUATION CRITERIA
FINANCIAL RESOURCES
INCOME
INFLATION
INNOVATIONS
LEARNING
LICENSES
MARGINAL COST
MARGINAL COST PRICING
MARKET POWER
MARKET PRICES
MEDIA
MONOPOLIES
OUTSOURCING
PHONES
POLITICAL POWER
PRICE COMPETITION
PRICE CONTROL
PRICE INDEX
PRICE REGULATION
PRIVATE SECTOR
PRODUCTIVITY
PROVISIONS
PUBLIC CONSULTATION
PUBLIC SECTOR
RADIO
REGULATORY AGENCIES
REGULATORY AGENCY
REGULATORY EXPERTS
REGULATORY FRAMEWORK
REGULATORY POLICY
REGULATORY PRINCIPLES
SALES
TELECENTERS
TELECOMMUNICATIONS
TELECOMMUNICATIONS COMPANIES
TELECOMMUNICATIONS LAW
TELECOMMUNICATIONS REFORM
TELECOMMUNICATIONS REGULATOR
TELECOMMUNICATIONS SECTOR
TELECOMMUNICATIONS SERVICES
TELEPHONE LINES
TELEPHONE SERVICE
TELEPHONE SERVICES
TELEVISION
TRANSPARENCY
TRANSPARENT PROCESSES
UNIVERSAL SERVICE
UTILITIES
WORLD TRADE ORGANIZATION
WTO TELECOMMUNICATIONS
REGULATORY STRUCTURE
REGULATORY AGENCY
REGULATORY FRAMEWORK
MARKET COMPETITION
PRICE CONTROLS
MONOPOLISTIC COMPETITION
LICENCING
INSTITUTION BUILDING
CONTRACTING
spellingShingle ACCESS TO INFORMATION
ACCOUNTING
AUCTIONS
BARRIERS TO ENTRY
BIDDING
CENTRAL BANK
COMMUNAL FACILITIES
CONSUMERS
DECISION- MAKING
DUOPOLY
ELECTRICITY
EVALUATION CRITERIA
FINANCIAL RESOURCES
INCOME
INFLATION
INNOVATIONS
LEARNING
LICENSES
MARGINAL COST
MARGINAL COST PRICING
MARKET POWER
MARKET PRICES
MEDIA
MONOPOLIES
OUTSOURCING
PHONES
POLITICAL POWER
PRICE COMPETITION
PRICE CONTROL
PRICE INDEX
PRICE REGULATION
PRIVATE SECTOR
PRODUCTIVITY
PROVISIONS
PUBLIC CONSULTATION
PUBLIC SECTOR
RADIO
REGULATORY AGENCIES
REGULATORY AGENCY
REGULATORY EXPERTS
REGULATORY FRAMEWORK
REGULATORY POLICY
REGULATORY PRINCIPLES
SALES
TELECENTERS
TELECOMMUNICATIONS
TELECOMMUNICATIONS COMPANIES
TELECOMMUNICATIONS LAW
TELECOMMUNICATIONS REFORM
TELECOMMUNICATIONS REGULATOR
TELECOMMUNICATIONS SECTOR
TELECOMMUNICATIONS SERVICES
TELEPHONE LINES
TELEPHONE SERVICE
TELEPHONE SERVICES
TELEVISION
TRANSPARENCY
TRANSPARENT PROCESSES
UNIVERSAL SERVICE
UTILITIES
WORLD TRADE ORGANIZATION
WTO TELECOMMUNICATIONS
REGULATORY STRUCTURE
REGULATORY AGENCY
REGULATORY FRAMEWORK
MARKET COMPETITION
PRICE CONTROLS
MONOPOLISTIC COMPETITION
LICENCING
INSTITUTION BUILDING
CONTRACTING
Smith, Peter L.
Wellenius, Bjorn
Mitigating Regulatory Risk in Telecommunications
relation Viewpoint
description In the transition from state-owned monopolies to privately led and increasingly competitive market structures in telecommunications, poor performance of regulatory agencies limits the benefits of reform. This Note proposes measures for establishing a regulatory framework that enables better sector performance even when a full-fledged regulatory agency is lacking. These measures reduce the need for agency decisions -- for example, by prepackaging rules and accelerating competition. They enhance the credibility of regulation -- for example, by locking in principles through international agreements. And they generate maximum impact from scarce professional and financial resources by using them effectively -- such as by contracting out functions and creating multisectoral or regional agencies.
format Publications & Research :: Viewpoint
author Smith, Peter L.
Wellenius, Bjorn
author_facet Smith, Peter L.
Wellenius, Bjorn
author_sort Smith, Peter L.
title Mitigating Regulatory Risk in Telecommunications
title_short Mitigating Regulatory Risk in Telecommunications
title_full Mitigating Regulatory Risk in Telecommunications
title_fullStr Mitigating Regulatory Risk in Telecommunications
title_full_unstemmed Mitigating Regulatory Risk in Telecommunications
title_sort mitigating regulatory risk in telecommunications
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/1999/07/1346401/mitigating-regulatory-risk-telecommunications
http://hdl.handle.net/10986/11470
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