Regulatory Quality and Competition Policy

Regulatory reform and competition policy are two important and inter-related areas of regulatory policy and public administration. Both can play a key role in improving the quality of regulation, and creating healthy and competitive markets and an...

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Main Authors: International Finance Corporation, Multilateral Investment Guarantee Agency, World Bank
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
GDP
Online Access:http://documents.worldbank.org/curated/en/532851468313826265/Better-regulation-for-growth-governance-frameworks-and-tools-for-effective-regulatory-reform-regulatory-quality-and-competition-policy
http://hdl.handle.net/10986/27879
id okr-10986-27879
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ADJUSTMENT ASSISTANCE
ADMINISTRATIVE BURDENS
ADVISORY PANEL
ADVISORY SERVICE
ADVISORY SERVICES
ALTERNATIVES TO REGULATIONS
ANTITRUST LAWS
APPROACHES TO REGULATION
AUCTION
BARRIER
BARRIERS TO ENTRY
BEST PRACTICE
BUSINESS ENVIRONMENT
BUSINESS PRACTICES
CABINET OFFICE
CABINET PROCESS
CODES OF CONDUCT
COLLABORATION
COLLUSION
COMPETITION LAW
COMPETITION POLICIES
COMPETITION POLICY
COMPETITIVE BIDDING
COMPETITIVE MARKETS
COMPETITIVE PRESSURES
COMPETITIVE PROCESS
COMPETITIVENESS
COMPETITORS
CONCEPTUAL FRAMEWORK
CONSULTATION
CONSULTATION PROCESS
CONSULTATIONS
CONSUMER CHOICE
CONSUMER EDUCATION
CONSUMER PREFERENCES
CONSUMER PROTECTION
CONSUMERS
CONTROL SYSTEM
CONTROLLED PRICES
COPYRIGHT CLEARANCE
COPYRIGHT CLEARANCE CENTER
COST OF ENTRY
CULTURAL CHANGE
DECISION MAKERS
DECISION-MAKING
DECISION-MAKING PROCESS
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING ECONOMIES
DISCUSSION
DOCUMENTS
DRAFT REGULATORY PROPOSALS
ECONOMIC ACTIVITY
ECONOMIC BENEFITS
ECONOMIC COSTS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC PERFORMANCE
ECONOMIC PRIORITY
ECONOMIC PROGRESS
ECONOMIC THEORY
ECONOMIC WELFARE
EFFICIENT MARKETS
ENFORCEMENT ACTIVITY
ENVIRONMENTAL PROTECTION
EXCLUSIVE RIGHTS
EXECUTIVE ARM OF GOVERNMENT
EXTERNALITIES
FAIR TRADE
FAIR TRADING
FINANCE CORPORATION
FINANCIAL CAPACITY
FOREIGN AFFAIRS
FORMAL ECONOMY
GDP
GOOD PRACTICE
GOVERNMENT ACTION
GOVERNMENT AGENCIES
GOVERNMENT DEPARTMENTS
GOVERNMENT INTERVENTIONS
GOVERNMENT OFFICIALS
GOVERNMENT OWNERSHIP
GOVERNMENT POLICIES
GOVERNMENT POLICY
GOVERNMENT REGULATION
GOVERNMENT REGULATORS
INCOME
INCOMES
INNOVATION
INSURANCE
INSURANCE INDUSTRY
INTEGRATION
INTERNATIONAL COMPETITION
INTERNATIONAL FINANCE
INTERNATIONAL MARKETS
INVESTMENT CLIMATE
JOB CREATION
JURISDICTION
JURISDICTIONS
LEADING
LEGAL DISPUTES
LEGAL SYSTEM
LEGISLATION
LEGISLATIVE REVIEW
LIBERALIZATION
LIVING STANDARDS
LOGIC
MARKET EFFICIENCY
MARKET FAILURE
MARKET PRICES
MARKET SHARES
MEDIA
MINISTER
MINISTERS
MONOPOLIES
MONOPOLY
NATIONAL ECONOMY
NATURAL MONOPOLY
OLIGOPOLY
OUTPUT
OUTPUTS
POLICY DEVELOPMENT
POLICY DEVELOPMENT PROCESS
POLICY GOAL
POLICY GOALS
POLICY IMPLICATIONS
POLICY OBJECTIVE
POLICY PERSPECTIVE
POLICY PROPOSALS
POLICY REQUIREMENTS
POLICY STATEMENTS
POLITICAL RISKS
PREDATORY PRICING
PRICE COMPETITION
PRICE CONTROLS
PRIVATIZATION
PRODUCTIVITY
PRODUCTIVITY GROWTH
PROGRAMS
PUBLIC ADMINISTRATION
PUBLIC CONSULTATION
PUBLIC INTEREST
PUBLIC INTEREST OBJECTIVES
PUBLIC NOTIFICATION
PUBLIC POLICY
PUBLIC POLICY GOALS
PUBLIC POLICY OBJECTIVES
QUALITY OF INFORMATION
QUALITY REGULATION
QUALITY REGULATIONS
REFORM PROGRAM
REFORM PROGRAMS
REGULATION MAKING
REGULATION POLICY
REGULATION REVIEW
REGULATOR
REGULATORS
REGULATORY ACTIONS
REGULATORY AGENCIES
REGULATORY AGENCY
REGULATORY APPROACH
REGULATORY AREAS
REGULATORY AUTHORITIES
REGULATORY CONCERNS
REGULATORY DECISIONS
REGULATORY ENVIRONMENT
REGULATORY FRAMEWORK
REGULATORY IMPACT
REGULATORY IMPACT ANALYSIS
REGULATORY IMPACT ASSESSMENT
REGULATORY IMPEDIMENT
REGULATORY INSTITUTIONS
REGULATORY INTERVENTION
REGULATORY ISSUES
REGULATORY MANAGEMENT
REGULATORY OBJECTIVE
REGULATORY OBJECTIVES
REGULATORY POLICIES
REGULATORY POLICY
REGULATORY PROCESS
REGULATORY PROPOSAL
REGULATORY PROPOSALS
REGULATORY REFORM
REGULATORY REFORM STRATEGIES
REGULATORY REFORMS
REGULATORY REGIME
REGULATORY REGIMES
REGULATORY RESTRICTIONS
REGULATORY SYSTEMS
RENT SEEKING
SENIOR REGULATORY
SMALL BUSINESS
SMALL BUSINESSES
TECHNICAL STANDARDS
TECHNOLOGY TRANSFER
TELECOMMUNICATION
TELECOMMUNICATIONS
TELEPHONES
THINKING
TOTAL FACTOR PRODUCTIVITY
TRAINING MATERIALS
TRANSITION ECONOMIES
TRANSPARENCY
USE OF REGULATION
WEALTH
spellingShingle ADJUSTMENT ASSISTANCE
ADMINISTRATIVE BURDENS
ADVISORY PANEL
ADVISORY SERVICE
ADVISORY SERVICES
ALTERNATIVES TO REGULATIONS
ANTITRUST LAWS
APPROACHES TO REGULATION
AUCTION
BARRIER
BARRIERS TO ENTRY
BEST PRACTICE
BUSINESS ENVIRONMENT
BUSINESS PRACTICES
CABINET OFFICE
CABINET PROCESS
CODES OF CONDUCT
COLLABORATION
COLLUSION
COMPETITION LAW
COMPETITION POLICIES
COMPETITION POLICY
COMPETITIVE BIDDING
COMPETITIVE MARKETS
COMPETITIVE PRESSURES
COMPETITIVE PROCESS
COMPETITIVENESS
COMPETITORS
CONCEPTUAL FRAMEWORK
CONSULTATION
CONSULTATION PROCESS
CONSULTATIONS
CONSUMER CHOICE
CONSUMER EDUCATION
CONSUMER PREFERENCES
CONSUMER PROTECTION
CONSUMERS
CONTROL SYSTEM
CONTROLLED PRICES
COPYRIGHT CLEARANCE
COPYRIGHT CLEARANCE CENTER
COST OF ENTRY
CULTURAL CHANGE
DECISION MAKERS
DECISION-MAKING
DECISION-MAKING PROCESS
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING ECONOMIES
DISCUSSION
DOCUMENTS
DRAFT REGULATORY PROPOSALS
ECONOMIC ACTIVITY
ECONOMIC BENEFITS
ECONOMIC COSTS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC PERFORMANCE
ECONOMIC PRIORITY
ECONOMIC PROGRESS
ECONOMIC THEORY
ECONOMIC WELFARE
EFFICIENT MARKETS
ENFORCEMENT ACTIVITY
ENVIRONMENTAL PROTECTION
EXCLUSIVE RIGHTS
EXECUTIVE ARM OF GOVERNMENT
EXTERNALITIES
FAIR TRADE
FAIR TRADING
FINANCE CORPORATION
FINANCIAL CAPACITY
FOREIGN AFFAIRS
FORMAL ECONOMY
GDP
GOOD PRACTICE
GOVERNMENT ACTION
GOVERNMENT AGENCIES
GOVERNMENT DEPARTMENTS
GOVERNMENT INTERVENTIONS
GOVERNMENT OFFICIALS
GOVERNMENT OWNERSHIP
GOVERNMENT POLICIES
GOVERNMENT POLICY
GOVERNMENT REGULATION
GOVERNMENT REGULATORS
INCOME
INCOMES
INNOVATION
INSURANCE
INSURANCE INDUSTRY
INTEGRATION
INTERNATIONAL COMPETITION
INTERNATIONAL FINANCE
INTERNATIONAL MARKETS
INVESTMENT CLIMATE
JOB CREATION
JURISDICTION
JURISDICTIONS
LEADING
LEGAL DISPUTES
LEGAL SYSTEM
LEGISLATION
LEGISLATIVE REVIEW
LIBERALIZATION
LIVING STANDARDS
LOGIC
MARKET EFFICIENCY
MARKET FAILURE
MARKET PRICES
MARKET SHARES
MEDIA
MINISTER
MINISTERS
MONOPOLIES
MONOPOLY
NATIONAL ECONOMY
NATURAL MONOPOLY
OLIGOPOLY
OUTPUT
OUTPUTS
POLICY DEVELOPMENT
POLICY DEVELOPMENT PROCESS
POLICY GOAL
POLICY GOALS
POLICY IMPLICATIONS
POLICY OBJECTIVE
POLICY PERSPECTIVE
POLICY PROPOSALS
POLICY REQUIREMENTS
POLICY STATEMENTS
POLITICAL RISKS
PREDATORY PRICING
PRICE COMPETITION
PRICE CONTROLS
PRIVATIZATION
PRODUCTIVITY
PRODUCTIVITY GROWTH
PROGRAMS
PUBLIC ADMINISTRATION
PUBLIC CONSULTATION
PUBLIC INTEREST
PUBLIC INTEREST OBJECTIVES
PUBLIC NOTIFICATION
PUBLIC POLICY
PUBLIC POLICY GOALS
PUBLIC POLICY OBJECTIVES
QUALITY OF INFORMATION
QUALITY REGULATION
QUALITY REGULATIONS
REFORM PROGRAM
REFORM PROGRAMS
REGULATION MAKING
REGULATION POLICY
REGULATION REVIEW
REGULATOR
REGULATORS
REGULATORY ACTIONS
REGULATORY AGENCIES
REGULATORY AGENCY
REGULATORY APPROACH
REGULATORY AREAS
REGULATORY AUTHORITIES
REGULATORY CONCERNS
REGULATORY DECISIONS
REGULATORY ENVIRONMENT
REGULATORY FRAMEWORK
REGULATORY IMPACT
REGULATORY IMPACT ANALYSIS
REGULATORY IMPACT ASSESSMENT
REGULATORY IMPEDIMENT
REGULATORY INSTITUTIONS
REGULATORY INTERVENTION
REGULATORY ISSUES
REGULATORY MANAGEMENT
REGULATORY OBJECTIVE
REGULATORY OBJECTIVES
REGULATORY POLICIES
REGULATORY POLICY
REGULATORY PROCESS
REGULATORY PROPOSAL
REGULATORY PROPOSALS
REGULATORY REFORM
REGULATORY REFORM STRATEGIES
REGULATORY REFORMS
REGULATORY REGIME
REGULATORY REGIMES
REGULATORY RESTRICTIONS
REGULATORY SYSTEMS
RENT SEEKING
SENIOR REGULATORY
SMALL BUSINESS
SMALL BUSINESSES
TECHNICAL STANDARDS
TECHNOLOGY TRANSFER
TELECOMMUNICATION
TELECOMMUNICATIONS
TELEPHONES
THINKING
TOTAL FACTOR PRODUCTIVITY
TRAINING MATERIALS
TRANSITION ECONOMIES
TRANSPARENCY
USE OF REGULATION
WEALTH
International Finance Corporation
Multilateral Investment Guarantee Agency
World Bank
Regulatory Quality and Competition Policy
description Regulatory reform and competition policy are two important and inter-related areas of regulatory policy and public administration. Both can play a key role in improving the quality of regulation, and creating healthy and competitive markets and an attractive investment climate. This in turn leads to greater economic growth, employment and incomes. Part one of this paper discusses definitions and key issues associated with regulation, regulatory quality, and competition policy. This discussion focuses on competition policy as it relates to restrictions on competition and also pro-competitive regulation, which involves protecting consumers through economic regulation. Part two of this paper considers institutions and processes for implementing regulatory quality and competition policy agendas, including regulatory agencies, regulatory reform bodies, competition authorities and broader regulation-making processes. Part three notes the importance of assessing competition policy issues on a case-by-case basis and identifies the main objectives and features of competition policy. This includes a discussion about when competition policy issues are likely to play an important role in regulatory assessment and reform. Part four considers mechanisms for coordinating- where appropriate-competition policy and regulatory quality assessments, including undertaking competition assessments and providing advice to decision makers.
format Report
author International Finance Corporation
Multilateral Investment Guarantee Agency
World Bank
author_facet International Finance Corporation
Multilateral Investment Guarantee Agency
World Bank
author_sort International Finance Corporation
title Regulatory Quality and Competition Policy
title_short Regulatory Quality and Competition Policy
title_full Regulatory Quality and Competition Policy
title_fullStr Regulatory Quality and Competition Policy
title_full_unstemmed Regulatory Quality and Competition Policy
title_sort regulatory quality and competition policy
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/532851468313826265/Better-regulation-for-growth-governance-frameworks-and-tools-for-effective-regulatory-reform-regulatory-quality-and-competition-policy
http://hdl.handle.net/10986/27879
_version_ 1764465313602076672
spelling okr-10986-278792021-04-23T14:04:44Z Regulatory Quality and Competition Policy International Finance Corporation Multilateral Investment Guarantee Agency World Bank ADJUSTMENT ASSISTANCE ADMINISTRATIVE BURDENS ADVISORY PANEL ADVISORY SERVICE ADVISORY SERVICES ALTERNATIVES TO REGULATIONS ANTITRUST LAWS APPROACHES TO REGULATION AUCTION BARRIER BARRIERS TO ENTRY BEST PRACTICE BUSINESS ENVIRONMENT BUSINESS PRACTICES CABINET OFFICE CABINET PROCESS CODES OF CONDUCT COLLABORATION COLLUSION COMPETITION LAW COMPETITION POLICIES COMPETITION POLICY COMPETITIVE BIDDING COMPETITIVE MARKETS COMPETITIVE PRESSURES COMPETITIVE PROCESS COMPETITIVENESS COMPETITORS CONCEPTUAL FRAMEWORK CONSULTATION CONSULTATION PROCESS CONSULTATIONS CONSUMER CHOICE CONSUMER EDUCATION CONSUMER PREFERENCES CONSUMER PROTECTION CONSUMERS CONTROL SYSTEM CONTROLLED PRICES COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER COST OF ENTRY CULTURAL CHANGE DECISION MAKERS DECISION-MAKING DECISION-MAKING PROCESS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING ECONOMIES DISCUSSION DOCUMENTS DRAFT REGULATORY PROPOSALS ECONOMIC ACTIVITY ECONOMIC BENEFITS ECONOMIC COSTS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC PRIORITY ECONOMIC PROGRESS ECONOMIC THEORY ECONOMIC WELFARE EFFICIENT MARKETS ENFORCEMENT ACTIVITY ENVIRONMENTAL PROTECTION EXCLUSIVE RIGHTS EXECUTIVE ARM OF GOVERNMENT EXTERNALITIES FAIR TRADE FAIR TRADING FINANCE CORPORATION FINANCIAL CAPACITY FOREIGN AFFAIRS FORMAL ECONOMY GDP GOOD PRACTICE GOVERNMENT ACTION GOVERNMENT AGENCIES GOVERNMENT DEPARTMENTS GOVERNMENT INTERVENTIONS GOVERNMENT OFFICIALS GOVERNMENT OWNERSHIP GOVERNMENT POLICIES GOVERNMENT POLICY GOVERNMENT REGULATION GOVERNMENT REGULATORS INCOME INCOMES INNOVATION INSURANCE INSURANCE INDUSTRY INTEGRATION INTERNATIONAL COMPETITION INTERNATIONAL FINANCE INTERNATIONAL MARKETS INVESTMENT CLIMATE JOB CREATION JURISDICTION JURISDICTIONS LEADING LEGAL DISPUTES LEGAL SYSTEM LEGISLATION LEGISLATIVE REVIEW LIBERALIZATION LIVING STANDARDS LOGIC MARKET EFFICIENCY MARKET FAILURE MARKET PRICES MARKET SHARES MEDIA MINISTER MINISTERS MONOPOLIES MONOPOLY NATIONAL ECONOMY NATURAL MONOPOLY OLIGOPOLY OUTPUT OUTPUTS POLICY DEVELOPMENT POLICY DEVELOPMENT PROCESS POLICY GOAL POLICY GOALS POLICY IMPLICATIONS POLICY OBJECTIVE POLICY PERSPECTIVE POLICY PROPOSALS POLICY REQUIREMENTS POLICY STATEMENTS POLITICAL RISKS PREDATORY PRICING PRICE COMPETITION PRICE CONTROLS PRIVATIZATION PRODUCTIVITY PRODUCTIVITY GROWTH PROGRAMS PUBLIC ADMINISTRATION PUBLIC CONSULTATION PUBLIC INTEREST PUBLIC INTEREST OBJECTIVES PUBLIC NOTIFICATION PUBLIC POLICY PUBLIC POLICY GOALS PUBLIC POLICY OBJECTIVES QUALITY OF INFORMATION QUALITY REGULATION QUALITY REGULATIONS REFORM PROGRAM REFORM PROGRAMS REGULATION MAKING REGULATION POLICY REGULATION REVIEW REGULATOR REGULATORS REGULATORY ACTIONS REGULATORY AGENCIES REGULATORY AGENCY REGULATORY APPROACH REGULATORY AREAS REGULATORY AUTHORITIES REGULATORY CONCERNS REGULATORY DECISIONS REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY IMPACT REGULATORY IMPACT ANALYSIS REGULATORY IMPACT ASSESSMENT REGULATORY IMPEDIMENT REGULATORY INSTITUTIONS REGULATORY INTERVENTION REGULATORY ISSUES REGULATORY MANAGEMENT REGULATORY OBJECTIVE REGULATORY OBJECTIVES REGULATORY POLICIES REGULATORY POLICY REGULATORY PROCESS REGULATORY PROPOSAL REGULATORY PROPOSALS REGULATORY REFORM REGULATORY REFORM STRATEGIES REGULATORY REFORMS REGULATORY REGIME REGULATORY REGIMES REGULATORY RESTRICTIONS REGULATORY SYSTEMS RENT SEEKING SENIOR REGULATORY SMALL BUSINESS SMALL BUSINESSES TECHNICAL STANDARDS TECHNOLOGY TRANSFER TELECOMMUNICATION TELECOMMUNICATIONS TELEPHONES THINKING TOTAL FACTOR PRODUCTIVITY TRAINING MATERIALS TRANSITION ECONOMIES TRANSPARENCY USE OF REGULATION WEALTH Regulatory reform and competition policy are two important and inter-related areas of regulatory policy and public administration. Both can play a key role in improving the quality of regulation, and creating healthy and competitive markets and an attractive investment climate. This in turn leads to greater economic growth, employment and incomes. Part one of this paper discusses definitions and key issues associated with regulation, regulatory quality, and competition policy. This discussion focuses on competition policy as it relates to restrictions on competition and also pro-competitive regulation, which involves protecting consumers through economic regulation. Part two of this paper considers institutions and processes for implementing regulatory quality and competition policy agendas, including regulatory agencies, regulatory reform bodies, competition authorities and broader regulation-making processes. Part three notes the importance of assessing competition policy issues on a case-by-case basis and identifies the main objectives and features of competition policy. This includes a discussion about when competition policy issues are likely to play an important role in regulatory assessment and reform. Part four considers mechanisms for coordinating- where appropriate-competition policy and regulatory quality assessments, including undertaking competition assessments and providing advice to decision makers. 2017-08-16T18:46:31Z 2017-08-16T18:46:31Z 2010 Report http://documents.worldbank.org/curated/en/532851468313826265/Better-regulation-for-growth-governance-frameworks-and-tools-for-effective-regulatory-reform-regulatory-quality-and-competition-policy http://hdl.handle.net/10986/27879 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Investment Climate Assessment Economic & Sector Work