Lessons for Reformers : How to Launch, Implement, and Sustain Regulatory Reform

An Analysis of Six Case Studies in Developing and High-Income Countries

Bibliographic Details
Main Authors: International Finance Corporation, Multilateral Investment Guarantee Agency, World Bank
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
OIL
Online Access:http://documents.worldbank.org/curated/en/707431468048837158/Lessons-for-reformers-how-to-launch-implement-and-sustain-regulatory-reform-an-analysis-of-six-case-studies-in-developing-and-high-income-countries
http://hdl.handle.net/10986/28141
id okr-10986-28141
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 ACCOUNTABILITY
ACCOUNTABILITY MEASURES
ADVANCED COUNTRIES
ANTITRUST LAWS
ASSETS
BANKRUPTCY
BENCHMARK
BENCHMARKS
BUREAUCRACY
BUREAUCRATS
BUSINESS ENVIRONMENT
BUSINESS ENVIRONMENTS
BUSINESS INVESTMENTS
CAPITAL MARKETS
CENTRALLY PLANNED ECONOMY
CIVIL SERVANTS
CIVIL SOCIETIES
CIVIL SOCIETY
CLIENT COUNTRY
COLLAPSE
COLLAPSES
COMPETITION POLICIES
COMPETITION POLICY
COMPETITIVE MARKETS
COMPETITIVENESS
CONDITIONALITY
CONFIDENCE
CONFIDENCE OF INVESTORS
CONSUMER CHOICE
CONSUMER GROUPS
CONSUMER PROTECTION
CONSUMERS
COPYRIGHT CLEARANCE
COPYRIGHT CLEARANCE CENTER
CORRUPTION
CORRUPTION PERCEPTIONS
CORRUPTION PERCEPTIONS INDEX
CURRENCY
DEBT
DEMOCRACY
DEREGULATION
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPING ECONOMIES
DISCRETION
DOMESTIC ECONOMY
ECONOMIC ACTIVITY
ECONOMIC CONDITIONS
ECONOMIC COOPERATION
ECONOMIC CRISIS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC IMBALANCES
ECONOMIC LIBERALIZATION
ECONOMIC LIFE
ECONOMIC PERFORMANCE
ECONOMIC POLICIES
ECONOMIC REFORM
ECONOMIC REFORMS
ECONOMIC TRENDS
ECONOMICS
ECONOMISTS
EMERGING MARKET
EMERGING MARKET ECONOMIES
ENVIRONMENTAL
ENVIRONMENTAL STANDARDS
ENVIRONMENTS
EXPECTED RETURNS
EXPLOITATION
EXTERNALITIES
FEDERAL GOVERNMENT
FINANCIAL CRISIS
FINANCIAL SECTOR
FOREIGN COMPETITION
FOREIGN DIRECT INVESTMENT
FOREIGN INVESTORS
FOREIGN TRADE
FREE MARKETS
FREE TRADE
FREE TRADE AGREEMENT
FREE TRADE AGREEMENTS
GLOBAL MARKETS
GLOBALIZATION
GOOD GOVERNANCE
GOVERNANCE REFORM
GOVERNANCE REFORMS
GOVERNMENT INTERVENTION
GOVERNMENT OFFICIALS
GROSS DOMESTIC PRODUCT
HARMONIZATION
INCOME
INFRASTRUCTURE INVESTMENT
INFRASTRUCTURE INVESTMENTS
INITIATIVE
INSTITUTION BUILDING
INTERNATIONAL CAPITAL
INTERNATIONAL COMPETITION
INVESTIGATION
INVESTMENT BARRIERS
INVESTMENT CLIMATE
INVESTMENT DECISIONS
JOB CREATION
JUDICIARY
JURISDICTIONS
LABOR MARKET
LEADERSHIP
LEGAL MECHANISMS
LEGAL SYSTEMS
LESS DEVELOPED COUNTRIES
LIQUIDITY
LOW-INCOME COUNTRIES
MACROECONOMIC PERFORMANCE
MACROECONOMIC POLICY
MACROECONOMIC PROBLEMS
MACROECONOMIC STABILITY
MACROECONOMIC STABILIZATION
MACROECONOMICS
MARKET ECONOMIES
MARKET ECONOMY
MARKET ENTRY
MARKET LIBERALIZATION
MARKETING
MEDIA
MINISTER
MINISTERS
MONOPOLIES
NATURAL RESOURCE
OIL
OIL PRICES
OPEN MARKETS
POLITICAL ECONOMY
POLITICAL ECONOMY OF REFORM
POLITICAL REGIME
POLITICAL REGIMES
POLITICAL RISK
POLITICAL UPHEAVAL
POLITICIANS
PRESENT VALUE
PRICE CONTROLS
PRIVATE INVESTMENT
PRIVATIZATION
PRIVATIZATIONS
PROCUREMENT
PROCUREMENT LAWS
PRODUCT MARKETS
PRODUCTIVITY GROWTH
PROPERTY RIGHTS
PUBLIC DEBT
PUBLIC DEFICIT
RAPID ECONOMIC GROWTH
RED TAPE
REFORM PROCESS
REFORM PROGRAM
REFORM PROGRAMS
REFORM STRATEGIES
REFORMS
REGULATORS
REGULATORY BODIES
REGULATORY ENVIRONMENTS
REGULATORY FRAMEWORK
REGULATORY REGIMES
REGULATORY RESTRICTIONS
REGULATORY SYSTEMS
RENT SEEKING
RENT SEEKING BEHAVIOR
RULE OF LAW
SCANDAL
SERVICE DELIVERY
SINGLE MARKET
SMALL BUSINESSES
SOCIAL VALUE
STAKEHOLDER MARKET
STARTUP
STATE GOVERNMENTS
STRUCTURAL ADJUSTMENT
SUSTAINABLE GROWTH
SUSTAINABLE REFORM
SUSTAINABLE REFORMS
TRADE LIBERALIZATION
TRANSACTION COSTS
TRANSPARENCY
UNEMPLOYMENT
WAGE GROWTH
WEALTH
WELFARE FUNCTION
spellingShingle ACCOUNTABILITY
ACCOUNTABILITY MEASURES
ADVANCED COUNTRIES
ANTITRUST LAWS
ASSETS
BANKRUPTCY
BENCHMARK
BENCHMARKS
BUREAUCRACY
BUREAUCRATS
BUSINESS ENVIRONMENT
BUSINESS ENVIRONMENTS
BUSINESS INVESTMENTS
CAPITAL MARKETS
CENTRALLY PLANNED ECONOMY
CIVIL SERVANTS
CIVIL SOCIETIES
CIVIL SOCIETY
CLIENT COUNTRY
COLLAPSE
COLLAPSES
COMPETITION POLICIES
COMPETITION POLICY
COMPETITIVE MARKETS
COMPETITIVENESS
CONDITIONALITY
CONFIDENCE
CONFIDENCE OF INVESTORS
CONSUMER CHOICE
CONSUMER GROUPS
CONSUMER PROTECTION
CONSUMERS
COPYRIGHT CLEARANCE
COPYRIGHT CLEARANCE CENTER
CORRUPTION
CORRUPTION PERCEPTIONS
CORRUPTION PERCEPTIONS INDEX
CURRENCY
DEBT
DEMOCRACY
DEREGULATION
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPING ECONOMIES
DISCRETION
DOMESTIC ECONOMY
ECONOMIC ACTIVITY
ECONOMIC CONDITIONS
ECONOMIC COOPERATION
ECONOMIC CRISIS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC IMBALANCES
ECONOMIC LIBERALIZATION
ECONOMIC LIFE
ECONOMIC PERFORMANCE
ECONOMIC POLICIES
ECONOMIC REFORM
ECONOMIC REFORMS
ECONOMIC TRENDS
ECONOMICS
ECONOMISTS
EMERGING MARKET
EMERGING MARKET ECONOMIES
ENVIRONMENTAL
ENVIRONMENTAL STANDARDS
ENVIRONMENTS
EXPECTED RETURNS
EXPLOITATION
EXTERNALITIES
FEDERAL GOVERNMENT
FINANCIAL CRISIS
FINANCIAL SECTOR
FOREIGN COMPETITION
FOREIGN DIRECT INVESTMENT
FOREIGN INVESTORS
FOREIGN TRADE
FREE MARKETS
FREE TRADE
FREE TRADE AGREEMENT
FREE TRADE AGREEMENTS
GLOBAL MARKETS
GLOBALIZATION
GOOD GOVERNANCE
GOVERNANCE REFORM
GOVERNANCE REFORMS
GOVERNMENT INTERVENTION
GOVERNMENT OFFICIALS
GROSS DOMESTIC PRODUCT
HARMONIZATION
INCOME
INFRASTRUCTURE INVESTMENT
INFRASTRUCTURE INVESTMENTS
INITIATIVE
INSTITUTION BUILDING
INTERNATIONAL CAPITAL
INTERNATIONAL COMPETITION
INVESTIGATION
INVESTMENT BARRIERS
INVESTMENT CLIMATE
INVESTMENT DECISIONS
JOB CREATION
JUDICIARY
JURISDICTIONS
LABOR MARKET
LEADERSHIP
LEGAL MECHANISMS
LEGAL SYSTEMS
LESS DEVELOPED COUNTRIES
LIQUIDITY
LOW-INCOME COUNTRIES
MACROECONOMIC PERFORMANCE
MACROECONOMIC POLICY
MACROECONOMIC PROBLEMS
MACROECONOMIC STABILITY
MACROECONOMIC STABILIZATION
MACROECONOMICS
MARKET ECONOMIES
MARKET ECONOMY
MARKET ENTRY
MARKET LIBERALIZATION
MARKETING
MEDIA
MINISTER
MINISTERS
MONOPOLIES
NATURAL RESOURCE
OIL
OIL PRICES
OPEN MARKETS
POLITICAL ECONOMY
POLITICAL ECONOMY OF REFORM
POLITICAL REGIME
POLITICAL REGIMES
POLITICAL RISK
POLITICAL UPHEAVAL
POLITICIANS
PRESENT VALUE
PRICE CONTROLS
PRIVATE INVESTMENT
PRIVATIZATION
PRIVATIZATIONS
PROCUREMENT
PROCUREMENT LAWS
PRODUCT MARKETS
PRODUCTIVITY GROWTH
PROPERTY RIGHTS
PUBLIC DEBT
PUBLIC DEFICIT
RAPID ECONOMIC GROWTH
RED TAPE
REFORM PROCESS
REFORM PROGRAM
REFORM PROGRAMS
REFORM STRATEGIES
REFORMS
REGULATORS
REGULATORY BODIES
REGULATORY ENVIRONMENTS
REGULATORY FRAMEWORK
REGULATORY REGIMES
REGULATORY RESTRICTIONS
REGULATORY SYSTEMS
RENT SEEKING
RENT SEEKING BEHAVIOR
RULE OF LAW
SCANDAL
SERVICE DELIVERY
SINGLE MARKET
SMALL BUSINESSES
SOCIAL VALUE
STAKEHOLDER MARKET
STARTUP
STATE GOVERNMENTS
STRUCTURAL ADJUSTMENT
SUSTAINABLE GROWTH
SUSTAINABLE REFORM
SUSTAINABLE REFORMS
TRADE LIBERALIZATION
TRANSACTION COSTS
TRANSPARENCY
UNEMPLOYMENT
WAGE GROWTH
WEALTH
WELFARE FUNCTION
International Finance Corporation
Multilateral Investment Guarantee Agency
World Bank
Lessons for Reformers : How to Launch, Implement, and Sustain Regulatory Reform
geographic_facet East Asia and Pacific
Europe and Central Asia
Latin America & Caribbean
Australia
Hungary
Italy
Korea, Republic of
Mexico
United Kingdom
description An Analysis of Six Case Studies in Developing and High-Income Countries
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 Lessons for Reformers : How to Launch, Implement, and Sustain Regulatory Reform
title_short Lessons for Reformers : How to Launch, Implement, and Sustain Regulatory Reform
title_full Lessons for Reformers : How to Launch, Implement, and Sustain Regulatory Reform
title_fullStr Lessons for Reformers : How to Launch, Implement, and Sustain Regulatory Reform
title_full_unstemmed Lessons for Reformers : How to Launch, Implement, and Sustain Regulatory Reform
title_sort lessons for reformers : how to launch, implement, and sustain regulatory reform
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/707431468048837158/Lessons-for-reformers-how-to-launch-implement-and-sustain-regulatory-reform-an-analysis-of-six-case-studies-in-developing-and-high-income-countries
http://hdl.handle.net/10986/28141
_version_ 1764465782503243776
spelling okr-10986-281412021-04-23T14:04:46Z Lessons for Reformers : How to Launch, Implement, and Sustain Regulatory Reform International Finance Corporation Multilateral Investment Guarantee Agency World Bank ACCOUNTABILITY ACCOUNTABILITY MEASURES ADVANCED COUNTRIES ANTITRUST LAWS ASSETS BANKRUPTCY BENCHMARK BENCHMARKS BUREAUCRACY BUREAUCRATS BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS INVESTMENTS CAPITAL MARKETS CENTRALLY PLANNED ECONOMY CIVIL SERVANTS CIVIL SOCIETIES CIVIL SOCIETY CLIENT COUNTRY COLLAPSE COLLAPSES COMPETITION POLICIES COMPETITION POLICY COMPETITIVE MARKETS COMPETITIVENESS CONDITIONALITY CONFIDENCE CONFIDENCE OF INVESTORS CONSUMER CHOICE CONSUMER GROUPS CONSUMER PROTECTION CONSUMERS COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER CORRUPTION CORRUPTION PERCEPTIONS CORRUPTION PERCEPTIONS INDEX CURRENCY DEBT DEMOCRACY DEREGULATION DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPING ECONOMIES DISCRETION DOMESTIC ECONOMY ECONOMIC ACTIVITY ECONOMIC CONDITIONS ECONOMIC COOPERATION ECONOMIC CRISIS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC IMBALANCES ECONOMIC LIBERALIZATION ECONOMIC LIFE ECONOMIC PERFORMANCE ECONOMIC POLICIES ECONOMIC REFORM ECONOMIC REFORMS ECONOMIC TRENDS ECONOMICS ECONOMISTS EMERGING MARKET EMERGING MARKET ECONOMIES ENVIRONMENTAL ENVIRONMENTAL STANDARDS ENVIRONMENTS EXPECTED RETURNS EXPLOITATION EXTERNALITIES FEDERAL GOVERNMENT FINANCIAL CRISIS FINANCIAL SECTOR FOREIGN COMPETITION FOREIGN DIRECT INVESTMENT FOREIGN INVESTORS FOREIGN TRADE FREE MARKETS FREE TRADE FREE TRADE AGREEMENT FREE TRADE AGREEMENTS GLOBAL MARKETS GLOBALIZATION GOOD GOVERNANCE GOVERNANCE REFORM GOVERNANCE REFORMS GOVERNMENT INTERVENTION GOVERNMENT OFFICIALS GROSS DOMESTIC PRODUCT HARMONIZATION INCOME INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENTS INITIATIVE INSTITUTION BUILDING INTERNATIONAL CAPITAL INTERNATIONAL COMPETITION INVESTIGATION INVESTMENT BARRIERS INVESTMENT CLIMATE INVESTMENT DECISIONS JOB CREATION JUDICIARY JURISDICTIONS LABOR MARKET LEADERSHIP LEGAL MECHANISMS LEGAL SYSTEMS LESS DEVELOPED COUNTRIES LIQUIDITY LOW-INCOME COUNTRIES MACROECONOMIC PERFORMANCE MACROECONOMIC POLICY MACROECONOMIC PROBLEMS MACROECONOMIC STABILITY MACROECONOMIC STABILIZATION MACROECONOMICS MARKET ECONOMIES MARKET ECONOMY MARKET ENTRY MARKET LIBERALIZATION MARKETING MEDIA MINISTER MINISTERS MONOPOLIES NATURAL RESOURCE OIL OIL PRICES OPEN MARKETS POLITICAL ECONOMY POLITICAL ECONOMY OF REFORM POLITICAL REGIME POLITICAL REGIMES POLITICAL RISK POLITICAL UPHEAVAL POLITICIANS PRESENT VALUE PRICE CONTROLS PRIVATE INVESTMENT PRIVATIZATION PRIVATIZATIONS PROCUREMENT PROCUREMENT LAWS PRODUCT MARKETS PRODUCTIVITY GROWTH PROPERTY RIGHTS PUBLIC DEBT PUBLIC DEFICIT RAPID ECONOMIC GROWTH RED TAPE REFORM PROCESS REFORM PROGRAM REFORM PROGRAMS REFORM STRATEGIES REFORMS REGULATORS REGULATORY BODIES REGULATORY ENVIRONMENTS REGULATORY FRAMEWORK REGULATORY REGIMES REGULATORY RESTRICTIONS REGULATORY SYSTEMS RENT SEEKING RENT SEEKING BEHAVIOR RULE OF LAW SCANDAL SERVICE DELIVERY SINGLE MARKET SMALL BUSINESSES SOCIAL VALUE STAKEHOLDER MARKET STARTUP STATE GOVERNMENTS STRUCTURAL ADJUSTMENT SUSTAINABLE GROWTH SUSTAINABLE REFORM SUSTAINABLE REFORMS TRADE LIBERALIZATION TRANSACTION COSTS TRANSPARENCY UNEMPLOYMENT WAGE GROWTH WEALTH WELFARE FUNCTION An Analysis of Six Case Studies in Developing and High-Income Countries This paper focuses on core aspects of the political economy of reform, drawing on case studies of three economies transitioning to stronger business environments (Hungary, the Republic of Korea, and Mexico) and three countries with well-developed business environments (Australia, Italy, and the United Kingdom). The purpose is threefold: first, to identify so-called drivers of reform among successfully reforming countries; second, to explore how a reform strategy can make optimal use of the opportunities provided by the drivers of change; and third; to suggest how these lessons can be proactively used by other reformers to design and guide reforms. The case study findings suggest that, regardless of the content of reform, success is influenced by an evolving mix of seven drivers of change: i) globalization or competitiveness; ii) crisis; iii) political leadership; iv) unfolding reform synergies; v) technocrats; vi) changes in civil society, and vii) external pressure. The case studies suggest that reformers can influence the direction and pace of change by mobilizing and exploiting drivers of it. Rather than a cause-and-effect scenario in which a single driver-such as a crisis-creates and defines the success of a body of reforms, what happens is an unfolding series of events in which various drivers become more and less important in defining phases of the reform process. 2017-09-07T15:32:47Z 2017-09-07T15:32:47Z 2009-06 Report http://documents.worldbank.org/curated/en/707431468048837158/Lessons-for-reformers-how-to-launch-implement-and-sustain-regulatory-reform-an-analysis-of-six-case-studies-in-developing-and-high-income-countries http://hdl.handle.net/10986/28141 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 East Asia and Pacific Europe and Central Asia Latin America & Caribbean Australia Hungary Italy Korea, Republic of Mexico United Kingdom