Utility Regulators : Supporting Nascent Institutions in the Developing World
The wave of infrastructure privatization sweeping the world over the past decade or so has given rise to a new category of professional - the specialist utility regulator. These regulators, charged with administering regulatory frameworks that seek...
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Online Access: | http://documents.worldbank.org/curated/en/1998/09/441581/utility-regulators-supporting-nascent-institutions-developing-world http://hdl.handle.net/10986/11533 |
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okr-10986-115332021-04-23T14:02:56Z Utility Regulators : Supporting Nascent Institutions in the Developing World Gray, Philip ADJUSTMENT ATTENTION AUTHORITY CONSENSUS CORRUPTION FOREIGN INVESTORS INNOVATIONS INVESTMENT CAPITAL LEGISLATION LEGITIMACY PERMITS POLITICAL INTERFERENCE PROGRAMS QUALITY STANDARDS REGULATOR REGULATORS REGULATORY AGENCIES REGULATORY BODIES REGULATORY BODY REGULATORY CAPACITY REGULATORY DECISIONMAKING REGULATORY EXPERTS REPRESENTATIVES STATE CONTROL TELECOMMUNICATIONS TRAINING INSTITUTES UTILITY REGULATION DEVELOPING COUNTRIES REGULATORY AGENCY REGULATORY BODIES UTILITIES POWER TELECOMMUNICATIONS ENERGY WATER TRAINING INFORMATION SHARING POLICY MAKING PRIVATE SECTOR PROFESSIONALS The wave of infrastructure privatization sweeping the world over the past decade or so has given rise to a new category of professional - the specialist utility regulator. These regulators, charged with administering regulatory frameworks that seek to balance the interests of consumers and investors in technically complex and politically sensitive industries, can have a major impact on the performance of privatized firms, on the cost of investment capital (and thus on infrastructure tariffs), and on the sustainability of reforms. For this reason the development of professional, capable utility regulators should be a key part of reform efforts. While new regulators in any country can expect to face many difficulties, the challenges are particularly daunting for regulators in developing countries. This Note reviews those challenges and presents some of the main strategies for supporting new utility regulators in the developing world. 2012-08-13T15:19:30Z 2012-08-13T15:19:30Z 1998-09 http://documents.worldbank.org/curated/en/1998/09/441581/utility-regulators-supporting-nascent-institutions-developing-world Viewpoint. -- Note no. 153 (September 1998) http://hdl.handle.net/10986/11533 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 |
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World Bank |
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English |
topic |
ADJUSTMENT ATTENTION AUTHORITY CONSENSUS CORRUPTION FOREIGN INVESTORS INNOVATIONS INVESTMENT CAPITAL LEGISLATION LEGITIMACY PERMITS POLITICAL INTERFERENCE PROGRAMS QUALITY STANDARDS REGULATOR REGULATORS REGULATORY AGENCIES REGULATORY BODIES REGULATORY BODY REGULATORY CAPACITY REGULATORY DECISIONMAKING REGULATORY EXPERTS REPRESENTATIVES STATE CONTROL TELECOMMUNICATIONS TRAINING INSTITUTES UTILITY REGULATION DEVELOPING COUNTRIES REGULATORY AGENCY REGULATORY BODIES UTILITIES POWER TELECOMMUNICATIONS ENERGY WATER TRAINING INFORMATION SHARING POLICY MAKING PRIVATE SECTOR PROFESSIONALS |
spellingShingle |
ADJUSTMENT ATTENTION AUTHORITY CONSENSUS CORRUPTION FOREIGN INVESTORS INNOVATIONS INVESTMENT CAPITAL LEGISLATION LEGITIMACY PERMITS POLITICAL INTERFERENCE PROGRAMS QUALITY STANDARDS REGULATOR REGULATORS REGULATORY AGENCIES REGULATORY BODIES REGULATORY BODY REGULATORY CAPACITY REGULATORY DECISIONMAKING REGULATORY EXPERTS REPRESENTATIVES STATE CONTROL TELECOMMUNICATIONS TRAINING INSTITUTES UTILITY REGULATION DEVELOPING COUNTRIES REGULATORY AGENCY REGULATORY BODIES UTILITIES POWER TELECOMMUNICATIONS ENERGY WATER TRAINING INFORMATION SHARING POLICY MAKING PRIVATE SECTOR PROFESSIONALS Gray, Philip Utility Regulators : Supporting Nascent Institutions in the Developing World |
relation |
Viewpoint |
description |
The wave of infrastructure privatization
sweeping the world over the past decade or so has given rise
to a new category of professional - the specialist utility
regulator. These regulators, charged with administering
regulatory frameworks that seek to balance the interests of
consumers and investors in technically complex and
politically sensitive industries, can have a major impact on
the performance of privatized firms, on the cost of
investment capital (and thus on infrastructure tariffs), and
on the sustainability of reforms. For this reason the
development of professional, capable utility regulators
should be a key part of reform efforts. While new regulators
in any country can expect to face many difficulties, the
challenges are particularly daunting for regulators in
developing countries. This Note reviews those challenges and
presents some of the main strategies for supporting new
utility regulators in the developing world. |
format |
Publications & Research :: Viewpoint |
author |
Gray, Philip |
author_facet |
Gray, Philip |
author_sort |
Gray, Philip |
title |
Utility Regulators : Supporting Nascent Institutions in the Developing World |
title_short |
Utility Regulators : Supporting Nascent Institutions in the Developing World |
title_full |
Utility Regulators : Supporting Nascent Institutions in the Developing World |
title_fullStr |
Utility Regulators : Supporting Nascent Institutions in the Developing World |
title_full_unstemmed |
Utility Regulators : Supporting Nascent Institutions in the Developing World |
title_sort |
utility regulators : supporting nascent institutions in the developing world |
publisher |
World Bank, Washington, DC |
publishDate |
2012 |
url |
http://documents.worldbank.org/curated/en/1998/09/441581/utility-regulators-supporting-nascent-institutions-developing-world http://hdl.handle.net/10986/11533 |
_version_ |
1764417077776482304 |