Regulatory Capacity Review : East African Community
The regulatory capacity review of the East African Community (EAC) focuses on the capacities of the EAC institutional framework to develop, implement, and sustain the efficient, transparent, and market-based regulatory system that is needed to achi...
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| Format: | Report |
| Language: | English en_US |
| Published: |
Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/322151468037509867/Regulatory-capacity-review-East-African-community http://hdl.handle.net/10986/27791 |
| Summary: | The regulatory capacity review of the
East African Community (EAC) focuses on the capacities of
the EAC institutional framework to develop, implement, and
sustain the efficient, transparent, and market-based
regulatory system that is needed to achieve the economic
benefits of the EAC common market. This report argues that
the EAC institutions will be successful in implementing the
common market only if they safeguard the quality of
regulatory practices. This is a highly pragmatic and
operational agenda. Quality principles can be applied only
if they are defined and institutionalized into the machinery
of policy making. The idea is that, just as fiscal
management can increase social welfare by better allocating
resources, so can regulatory governance. |
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