Regulation, Deregulation, Reregulation

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1848449283
Total Pages : 405 pages
Book Rating : 4.8/5 (484 download)

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Book Synopsis Regulation, Deregulation, Reregulation by : Claude Ménard

Download or read book Regulation, Deregulation, Reregulation written by Claude Ménard and published by Edward Elgar Publishing. This book was released on 2009 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: After 25 years of industry restructuring, regulatory reform and deregulation across many industrial sectors in many countries, it is an appropriate time to take stock of the impacts of these reforms on consumers, producers and overall economic performance. This book contains the latest thinking on these issues by a distinguished international group of scholars. It s a collection of essays for our time that is well worth reading. Paul L. Joskow, Massachusetts Institute of Technology, US The most exciting development in the study of regulation in the past quarter century is research on the incentives that are created by the details of the procedures for creating and enforcing regulatory rules. This book brings together a rich collection of studies that collectively advance our understanding of the effect of regulatory governance on the performance of regulated firms, with important lessons about how to design more effective regulatory instruments and processes. Roger G. Noll, Stanford University, US Cycles of poorly-designed or weakly-enforced regulation, disappointing performance and political over-reaction are now familiar to students of regulated industries. Nourished by recent developments in the economics of incentives, including their transaction costs and property rights dimensions, and written by renowned experts in the field, Regulation, Deregulation, Reregulation is a must-read for all those interested in the economics and politics of regulation. A timely book, the publication of which coincides with the designing of a post-subprime regulatory framework for the financial industry. Jean Tirole, Toulouse School of Economics, France Building on Oliver Williamson s original analysis, the contributors introduce new ideas, different perspectives and provide tools for better understanding changes in the approach to regulation, the reform of public utilities, and the complex problems of governance. They draw largely upon a transaction cost approach, highlighting the challenges faced by major economic sectors and identifying critical flaws in prevailing views on regulation. Deeply rooted in sector analysis, the book conveys a central message of new institutional economics: that theory should be continuously confronted by facts, and reformed or revolutionized accordingly. With its emphasis on the institutional embeddedness of regulatory issues and the problems generated by the benign neglect of institutional factors in the reform of major public utilities, this book will provide a wide-ranging audience with challenging views on the dynamics of regulatory approaches. Economists, political scientists, postgraduate students, researchers and policymakers with an interest in institutional economics and economic organization will find the book to be a stimulating and enlightening read.

Uncovering the Drivers of Utility Performance

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Author :
Publisher :
ISBN 13 :
Total Pages : 260 pages
Book Rating : 4.:/5 (334 download)

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Book Synopsis Uncovering the Drivers of Utility Performance by : Luis A. Andrés

Download or read book Uncovering the Drivers of Utility Performance written by Luis A. Andrés and published by . This book was released on 2013-07-03 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides insights into infrastructure sector performance by focusing on the links between key indicators for utilities, and changes in ownership, regulatory agency governance, and corporate governance, among other dimensions. By linking inputs and outputs over the last 15 years, the analysis is able to uncover key determinants that have impacted performance and address why the effects of such dimensions resulted in significant changes in the performance of infrastructure service provision.

Regulatory Governance and Sector Performance

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Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 33 pages
Book Rating : 4./5 ( download)

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Book Synopsis Regulatory Governance and Sector Performance by : Luis Andres

Download or read book Regulatory Governance and Sector Performance written by Luis Andres and published by World Bank Publications. This book was released on 2008 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: This paper contributes to the literature that explores the link between regulatory governance and sector performance. The paper develops an index of regulatory governance and estimates its impact on sector performance, showing that indeed regulation and its governance matter. The authors use two unique databases: (i) the World Bank Performance Database, which contains detailed annual data for 250 private and public electricity companies in Latin America and the Caribbean; and (ii) the Electricity Regulatory Governance Database, which contains data on several aspects of the governance of electricity agencies in the region. The authors run different models to explain the impacts of change in ownership and different characteristics of the regulatory agency on the performance of the utilities. The results suggest that the mere existence of a regulatory agency, regardless of the utilities' ownership, has a significant impact on performance. Furthermore, after controlling for the existence of a regulatory agency, the ownership dummies are still significant and with the expected signs. The authors propose an experience measure in order to identify the gradual impact of the regulatory agency on utility performance. The results confirm this hypothesis. In addition, the paper explores two different measures of governance, an aggregate measure of regulatory governance, and an index based on principal components, including autonomy, transparency, and accountability. The findings show that the governance of regulatory agencies matters and has significant effects on performance.

The Impact of Private Sector Participation in Infrastructure

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Author :
Publisher : World Bank Publications
ISBN 13 : 0821374109
Total Pages : 382 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis The Impact of Private Sector Participation in Infrastructure by : Luis A. Andres

Download or read book The Impact of Private Sector Participation in Infrastructure written by Luis A. Andres and published by World Bank Publications. This book was released on 2008-07-25 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: Infrastructure plays a key role in fostering growth and productivity and has been linked to improved earnings, health, and education levels for the poor. Yet Latin America and the Caribbean are currently faced with a dangerous combination of relatively low public and private infrastructure investment. Those investment levels must increase, and it can be done. If Latin American and Caribbean governments are to increase infrastructure investment in politically feasible ways, it is critical that they learn from experience and have an accurate idea of future impacts. This book contributes to this aim by producing what is arguably the most comprehensive privatization impact analysis in the region to date, drawing on an extremely comprehensive dataset.

Assessing the Governance of Electricity Regulatory Agencies in the Latin American and Caribbean Region: a Benchmarking Analysis

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Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 57 pages
Book Rating : 4./5 ( download)

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Book Synopsis Assessing the Governance of Electricity Regulatory Agencies in the Latin American and Caribbean Region: a Benchmarking Analysis by : Luis Andres

Download or read book Assessing the Governance of Electricity Regulatory Agencies in the Latin American and Caribbean Region: a Benchmarking Analysis written by Luis Andres and published by World Bank Publications. This book was released on 2007 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt:

South American Policy Regionalism

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Author :
Publisher : Taylor & Francis
ISBN 13 : 1040130259
Total Pages : 231 pages
Book Rating : 4.0/5 (41 download)

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Book Synopsis South American Policy Regionalism by : Leslie Elliott Armijo

Download or read book South American Policy Regionalism written by Leslie Elliott Armijo and published by Taylor & Francis. This book was released on 2024-09-30 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Regional cooperation exists, but looks different in the global South than in the European Union,” claim the contributors to South American Policy Regionalism, which offers novel theory, methods, and Latin American case studies of joint governance efforts in nine international policy arenas, ranging from illegal drugs to artificial intelligence. Contrasting three major schools of thought in international relations (highlighting power, institutions, and ideas), this book introduces the idea of international policy regionalism as a framework for informed debate about international policy-sector interactions in a regional space. Beginning with a conceptual approach applicable to any world region, it includes a brief history of Western Hemisphere regionalism to aid in future cross-regional comparisons. An international group of contributors constructs rich narratives of the politics of Latin American policy sector evolution since the Cold War. Besides the aforementioned, included sectors span regional development banking, infrastructure planning, electricity distribution, migration governance, climate action, neglected tropical diseases, and food policies. This volume equips readers from various academic disciplines and the policy world to understand the relevance of core international relations theory for the analysis of policy sectors that cross national borders, both within Latin America and elsewhere, and especially throughout the global South.

Uncovering the Drivers of Utility Performance

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Author :
Publisher : World Bank Publications
ISBN 13 : 0821397001
Total Pages : 257 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Uncovering the Drivers of Utility Performance by : Luis A. Andrés

Download or read book Uncovering the Drivers of Utility Performance written by Luis A. Andrés and published by World Bank Publications. This book was released on 2013-07-18 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides insights into infrastructure sector performance by focusing on the links between key indicators for utilities, and changes in ownership, regulatory agency governance, and corporate governance, among other dimensions. By linking inputs and outputs over the last 15 years, the analysis is able to uncover key determinants that have impacted performance and address why the effects of such dimensions resulted in significant changes in the performance of infrastructure service provision.

Regional Energy Initiatives

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Author :
Publisher : Routledge
ISBN 13 : 1317685490
Total Pages : 299 pages
Book Rating : 4.3/5 (176 download)

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Book Synopsis Regional Energy Initiatives by : Carlo Cambini

Download or read book Regional Energy Initiatives written by Carlo Cambini and published by Routledge. This book was released on 2014-06-13 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the two intra-regional initiatives created for the development and integration of energy markets: the Energy Community and MedReg. The Energy Community and MedReg, apart from their common strategic role in providing a much-needed stable regulatory environment for energy markets in their respective reference countries, represent examples of a diverse development of regional energy initiatives. The former is initiated by external factors and is an example of a top-down approach, whereas the latter is a voluntary bottom-up initiative of the countries involved. The way the institutional framework is built is not without consequences on the functioning and organization of the two regional initiatives. The book assesses these different approaches and their consequences in the framework of the development of the Energy Community and MedReg, with particular reference to their impact on regional integration, energy policy and institutional change. The analysis is enriched with several case studies on the role of independent regulatory agencies, the promotion of renewable energy sources, infrastructure and interconnection development across the Mediterranean basin and the implications of exporting the EU institutional model. This book is aimed at policy makers, institutions, energy companies and academics to provide a better understanding of the economic and institutional eco-system that characterize the Mediterranean area.

Airport Economics in Latin America and the Caribbean

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Author :
Publisher : World Bank Publications
ISBN 13 : 0821389335
Total Pages : 230 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Airport Economics in Latin America and the Caribbean by : Tomás Serebrisky

Download or read book Airport Economics in Latin America and the Caribbean written by Tomás Serebrisky and published by World Bank Publications. This book was released on 2011-12-05 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditionally, air transport infrastructure in Latin America and the Caribbean (LAC) was exclusively under government ownership and management. Starting in the late 1990s, several Latin American countries implemented innovative public-private partnerships (PPP) that transferred the financing and management of air transport sector infrastructure to the private sector. This book presents the findings of a first-ever, comprehensive study of how LAC region airports have evolved during this notable period of transition in airport ownership. It is an unbiased, positive analysis of what happened, rather than a normative analysis of what should be done to reform the airport sector or to attract private participation. It takes the first step in response to the need for more conclusive information about the influence of airport ownership on economic performance. The book is centered around the study of three dimensions of performance: productive efficiency, institutional set up for the governance of the sector, and financing of airport PPPs. Using rigorous analytical tools, this book answer a series of key questions to evaluate the introduction of private sector participation in the Latin American airport sector: Are LAC airports technically efficient? How has efficiency evolved in the last decade? Are privately-run airports more efficient than state-operated airports? How do independent regulators compare with government agencies in accountability, transparency, and autonomy? How has the level and structure of aeronautical tariffs changed in recent years? The main audience of this book are air transport practitioners, transport regulators, decisionmakers in transport ministries, and PPP units and academics.

Caribbean Energy

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1513560743
Total Pages : 67 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Caribbean Energy by : Arnold McIntyre

Download or read book Caribbean Energy written by Arnold McIntyre and published by International Monetary Fund. This book was released on 2016-03-08 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: High energy costs contribute to dampening Caribbean competitiveness and potential growth. This paper overviews power sector challenges and takes stock of national and regional strategies to address them. It presents recommendations to move the energy agenda forward based on analyses of macro-aspects of energy reform. These include: i) quantitative assessment of the impact of energy costs on growth and competitiveness; ii) evaluation of gains from implementing announced renewable energy and energy efficiency targets; and iii) analysis of the impact of energy investments on debt sustainability. The paper argues for a bigger role for the private sector in energy reform and discusses prerequisites for good public-private partnerships.

International Handbook of Network Industries

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 0857930478
Total Pages : 537 pages
Book Rating : 4.8/5 (579 download)

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Book Synopsis International Handbook of Network Industries by : Matthias Finger

Download or read book International Handbook of Network Industries written by Matthias Finger and published by Edward Elgar Publishing. This book was released on 2011 with total page 537 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'To learn about how economic and institutional forces have shaped the network industries and policies towards them, read the first part of the book. To discover their impacts on particular industries, read the second part. And to find out what has happened in particular countries, read the third part. I think anyone interested in network industries should read all of it! The book's structure allows for many interesting comparisons across countries and sectors.' Richard Green, University of Birmingham, UK 'This is a very useful and comprehensive guide to reforms in network industries in communications, energy, transport and water. It is organized by generic topic, sector and region. Its authors are acknowledged experts. I am confident that this Handbook will be a widely read and valuable resource for many years.' Martin Cave, London School of Economics, UK 'Quite an accomplishment, this Handbook provides by far the most comprehensive overview of the role of the private sector and competition in infrastructure industries, with thoughtful surveys of each of the major infrastructure sectors and of the key regions and countries.' José Gómez-Ibáñez, Harvard University, US In recent decades, all infrastructures have undergone significant restructuring. This worldwide phenomenon is often labelled 'liberalization' and although expectations were high with respect to lower prices, greater efficiency and innovation, the expected gains have not always been fully realized. This extensive, state-of-the-art Handbook provides a comprehensive overview of the various experiences of liberalization across different sectors, regions and disciplines. The multidisciplinary approach focuses on the economic, political and institutional aspects of liberalization as well as, to a lesser extent, on technological issues. As such, it constitutes a unique contribution, as this broad overview is often lost in the sector specific, country-focused and purely disciplinary approaches prevalent in the current literature. Sectors explored include telecoms, the Internet, energy and transport, whilst the truly global perspective incorporates unique case studies from an array of developed and developing countries including the US, China, India and the EU. The International Handbook of Network Industries will become the definitive volume for academics researchers and students of economics, political science and law interested in infrastructure regulation. It will also prove a valuable guide to practitioners and policy-makers involved in liberalization and competition.

Rethinking Infrastructure in Latin America and the Caribbean

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Author :
Publisher : World Bank Publications
ISBN 13 : 1464811024
Total Pages : 121 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Rethinking Infrastructure in Latin America and the Caribbean by : Marianne Fay

Download or read book Rethinking Infrastructure in Latin America and the Caribbean written by Marianne Fay and published by World Bank Publications. This book was released on 2017-08-02 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt: Latin America and the Caribbean (LAC) does not have the infrastructure it needs, or deserves, given its income. Many argue that the solution is to spend more; by contrast, this report has one main message: Latin America can dramatically narrow its infrastructure service gap by spending efficiently on the right things. This report asks three questions: what should LAC countries’ goals be? How can these goals be achieved as cost-effectively as possible? And who should pay to reach these goals? In doing so, we drop the ‘infrastructure gap’ notion, favoring an approach built on identifying the ‘service gap’. Benchmarking Latin America in this way reveals clear strengths and weaknesses. Access to water and electricity is good, with the potential for the region’s electricity sector to drive competitive advantage; by contrast, transport and sanitation should be key focus areas for further development. The report also identifies and analyses some of the emerging challenges for the region—climate change, increased demand and urbanization—that will put increasing pressure on infrastructure and policy makers alike. Improving the region’s infrastructure performance in the context of tight fiscal space will require spending better on well identified priorities. Unlike most infrastructure diagnostics, this report argues that much of what is needed lies outside the infrastructure sector †“ in the form of broader government issues—from competition policy, to budgeting rules that no longer solely focus on controlling cash expenditures. We also find that traditional recommendations continue to apply regarding independent, well-performing regulators and better corporate governance, and highlight the critical importance of cost recovery where feasible and desirable, as the basis for future commercial finance of infrastructure services. Latin America has the means and potential to do better; and it can do so by spending more efficiently on the right things.

From Structures to Services

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Author :
Publisher :
ISBN 13 : 9781597824002
Total Pages : pages
Book Rating : 4.8/5 (24 download)

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Book Synopsis From Structures to Services by : Eduardo Cavallo

Download or read book From Structures to Services written by Eduardo Cavallo and published by . This book was released on 2020-08-07 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Cuba's Energy Future

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Author :
Publisher : Rowman & Littlefield
ISBN 13 : 0815704593
Total Pages : 159 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Cuba's Energy Future by : Jonathan Benjamin-Alvarado

Download or read book Cuba's Energy Future written by Jonathan Benjamin-Alvarado and published by Rowman & Littlefield. This book was released on 2010-11-01 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: Approaching an uncertain future without Fidel Castro, and still reeling from a downturn at the end of the cold war, Cuba must act decisively to improve its economy and living conditions. One of the major challenges facing the impoverished island nation is securing access to energy resources that are sufficient to meet the needs of its revitalization and development goals. What steps can Cuba take to achieve both short- and long-term energy sustainability and self-sufficiency? In this timely analysis, Jonathan Benjamin-Alvarado and his colleagues answer that question. Cuba's Energy Future sets the geostrategic context within which Cuba is operating. The book provides an overview of the evolving relations among Caribbean states and explains why Cuba and its longtime nemesis the United States should look for ways to cooperate on developing energy resources. The possible role of oil companies is explored, as is Cuba's energy relationship with Hugo Chavez's Venezuela. The second section of Cuba's Energy Future features economic and technical appraisals, economic projections, and trends affecting Cuba's energy needs, including oil and natural gas potential, the country's antiquated electric power sector, and the role of biofuels such as sugarcane ethanol. The concluding section focuses on the conditions necessary for, and the mutual benefits of, greater cooperative engagement with the United States. Contributors: Juan A. B. Belt (Chemonics International, formerly USAID), Jonathan Benjamin-Alvarado (University of Nebraska–Omaha and University of Georgia), Amy Myers Jaffe (Rice University), Jorge R. Piñón (Florida International University), Ronald Soligo (Rice University).

Renewable energy market analysis: Latin America

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Author :
Publisher : International Renewable Energy Agency (IRENA)
ISBN 13 : 9292602101
Total Pages : 334 pages
Book Rating : 4.2/5 (926 download)

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Book Synopsis Renewable energy market analysis: Latin America by : International Renewable Energy Agency IRENA

Download or read book Renewable energy market analysis: Latin America written by International Renewable Energy Agency IRENA and published by International Renewable Energy Agency (IRENA). This book was released on 2016-11-01 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: The report offers a comprehensive review of the status and trends in the region’s renewable energy development. It highlights Latin America’s wealth of knowledge, draws key lessons, and outlines findings to support the continued expansion of renewables for power generation, transport and other end-uses.

Transparent Governance in an Age of Abundance

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Author :
Publisher : Inter-American Development Bank
ISBN 13 : 159782187X
Total Pages : 452 pages
Book Rating : 4.5/5 (978 download)

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Book Synopsis Transparent Governance in an Age of Abundance by : Juan Cruz Vieyra

Download or read book Transparent Governance in an Age of Abundance written by Juan Cruz Vieyra and published by Inter-American Development Bank. This book was released on 2014-10-31 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the last decade, the Latin American and Caribbean region has experienced unprecedented natural resources abundance. This book highlights how transparency can help realize the benefits and reduce negative externalities associated with the extractive industries in the region. A central message is that high-quality and well-managed information is critical to ensure the transparent and effective governance of the sector. The insights from experiences in the region can help policymakers design and implement effective regulatory reforms and adopt international standards that contribute to this goal. This is particularly important at a time when the recent boom experienced by extractives in the region may be coming to an end.

Governance of Indian State Power Utilities

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Author :
Publisher : World Bank Publications
ISBN 13 : 1464803048
Total Pages : 133 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Governance of Indian State Power Utilities by : Sheoli Pargal

Download or read book Governance of Indian State Power Utilities written by Sheoli Pargal and published by World Bank Publications. This book was released on 2014-10-17 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: This review of the Indian power sector at the state level finds that priority should be given to implementing a robust regulatory framework and governance practices to ensure better utility performance.