Handbook for Evaluating Infrastructure Regulatory Systems
More than 200 new infrastructure regulators have been created around the world in the last 15 years. They were established to encourage clear and sustainable long-term economic and legal commitments by governments and investors to encourage new in...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Publication |
| Language: | English en_US |
| Published: |
Washington, DC: World Bank
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2006/01/6868764/handbook-evaluating-infrastructure-regulatory-systems http://hdl.handle.net/10986/7030 |
| Summary: | More than 200 new infrastructure
regulators have been created around the world in the last 15
years. They were established to encourage clear and
sustainable long-term economic and legal commitments by
governments and investors to encourage new investment to
benefit existing and new customers. There is now
considerable evidence that both investors and consumers-the
two groups that were supposed to have benefited from these
new regulatory systems-have often been disappointed with
their performance. The fundamental premise of this book is
that regulatory systems can be successfully reformed only if
there are independent, objective and public evaluations of
their performance. Just as one goes to a medical doctor for
a regular health checkup, it is clear that infrastructure
regulation would also benefit from periodic checkups. This
book provides a general framework as well as detailed
practical guidance on how to perform such regulatory checkups. |
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