Regulatory Governance And Sector Performance

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Regulatory Governance and Sector Performance

Author : Luis Andres
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 2012 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Regulatory Governance and Sector Performance

Author : Luis Alberto Andres
Publisher :
ISBN 13 :
Total Pages : 33 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Regulatory Governance and Sector Performance by : Luis Alberto Andres

Download or read book Regulatory Governance and Sector Performance written by Luis Alberto Andres and published by . This book was released on 2016 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Regulatory Governance and Sector Performance

Author : Luis Andres
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (12 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 . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Regulatory Policy and Governance Supporting Economic Growth and Serving the Public Interest

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264116575
Total Pages : 155 pages
Book Rating : 4.2/5 (641 download)

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Book Synopsis Regulatory Policy and Governance Supporting Economic Growth and Serving the Public Interest by : OECD

Download or read book Regulatory Policy and Governance Supporting Economic Growth and Serving the Public Interest written by OECD and published by OECD Publishing. This book was released on 2011-10-25 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report encourages governments to “think big” about the relevance of regulatory policy and assesses the recent efforts of OECD countries to develop and deepen regulatory policy and governance.

Political Accountability and Regulatory Performance in Infrastructure Industries

Author : Farid Gasmi
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Political Accountability and Regulatory Performance in Infrastructure Industries by : Farid Gasmi

Download or read book Political Accountability and Regulatory Performance in Infrastructure Industries written by Farid Gasmi and published by World Bank Publications. This book was released on 2006 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this paper is to empirically explore the relationship between the quality of political institutions and the performance of regulation, an issue that has recently occupied much of the policy debate on the effectiveness of infrastructure industry reforms. Taking the view that political accountability is a key factor that links political structures and regulatory processes, the authors investigate, for the case of telecommunications, its impact on the performance of regulation in two time-series-cross-sectional data sets on 29 developing countries and 23 industrial countries covering the period 1985-99. In addition to confirming some well documented results on the positive role of regulatory governance in infrastructure industries, the authors provide empirical evidence on the impact of the quality of political institutions and their modes of functioning on regulatory performance. The analysis of the data sets shows that the (positive) effect of political accountability on the performance of regulation is stronger in developing countries. An important policy implication of this finding is that future reforms in these countries should give due attention to the development of politically accountable systems.

Competition Regulation and Regulatory Governance

Author : Caroline Mutuku
Publisher : GRIN Verlag
ISBN 13 : 3668740968
Total Pages : 20 pages
Book Rating : 4.6/5 (687 download)

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Book Synopsis Competition Regulation and Regulatory Governance by : Caroline Mutuku

Download or read book Competition Regulation and Regulatory Governance written by Caroline Mutuku and published by GRIN Verlag. This book was released on 2018-07-03 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2018 in the subject Business economics - Economic Policy, grade: 1, , language: English, abstract: In the global economy, privatization has become a central issue within economic reforms taking place in developing countries, and it is associated with the neo-liberal model reforms from the 1980's. Developing countries struggle to maintain high standards in public services such as water, energy, telecommunications, transportation, health, education, and, therefore, the adoption of policies to increase the effectiveness are needed. Privatization in theory should help these entities to become more efficient and benefit the majority of the population though, in practice, these objectives are rarely accomplished. The role of competition and regulation in such businesses are essential for development and growth, especially through the injection of private capital and fostering of competition. The principal common factor of these businesses is the natural component of monopolies which, according to Hellwig (2008), represents the use of a fixed network infrastructure that translates into largely sunk costs. Federal reforms aim for the improvement of performance in such important sectors of public services; however much of the research proves that; this has been reasonably unsuccessful in developing countries based on lack of institutional capacity. Even in theory, regulatory framework imported from developed countries was not suitable to the social and economic context in developing countries consequently the application of such previous experiences was not productive. This paper attempts to show that competition and regulation in the privatization process within developing countries could be successful if necessary reforms are based on the country’s economic, social, and political structure. As mentioned, the privatization process, as successfully applied in developed countries, requires significant adjustment for it to be pursued in transitional economies. This paper has been divided into five sections. The first section focuses on the concepts of privatization, competition and regulation. The second analyses how the role of RIA (Regulatory Impact Assessment) could increase privatization efficiency. On the other hand, the third analyses some system utilities and privatization reforms; then how competition could improve the business on privatization. The fourth section provides the control legal framework for businesses to follow. The paper concludes with recommendations and a brief summary and critique of the findings.

Government at a Glance 2021

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264921419
Total Pages : 281 pages
Book Rating : 4.2/5 (649 download)

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Book Synopsis Government at a Glance 2021 by : OECD

Download or read book Government at a Glance 2021 written by OECD and published by OECD Publishing. This book was released on 2021-07-09 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2021 edition includes input indicators on public finance and employment; process indicators include data on institutions, budgeting practices, human resources management, regulatory governance, public procurement, governance of infrastructure, public sector integrity, open government and digital government. Outcome indicators cover core government results (e.g. trust, political efficacy, inequality reduction) and indicators on access, responsiveness, quality and satisfaction for the education, health and justice sectors.

Understanding Sector Performance

Author : Weltbank
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (931 download)

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Book Synopsis Understanding Sector Performance by : Weltbank

Download or read book Understanding Sector Performance written by Weltbank and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides innovative approaches to better understand infrastructure sector performance by focusing on the links between key indicators for private and public 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 proposes key determinants that have impacted sector performance in infrastructure sectors in Latin America and the Caribbean (LAC). It is about understanding how and to what extent the effect of such elements result in significant changes in the performance of infrastructure service provision. This report focuses on the distribution segment of basic infrastructure services. It covers electricity distribution, water distribution and sewerage, and fixed telecommunications. More specifically, the report does: i) depict sector performance with a broad set of indicators that describes the current situation as well its evolution during the last 15 years; ii) propose analytical frameworks for themes less developed in the literature such as regulatory governance and corporate governance for state-owned enterprises (SOEs); iii) benchmark the institutional designs of the regulatory agencies in the region for the water and electricity sectors; and iv) analyze the relationship between sector performance and regulation, private sector participation, and corporate governance.

OECD Regulatory Policy Outlook 2021

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 926452892X
Total Pages : 301 pages
Book Rating : 4.2/5 (645 download)

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Book Synopsis OECD Regulatory Policy Outlook 2021 by : OECD

Download or read book OECD Regulatory Policy Outlook 2021 written by OECD and published by OECD Publishing. This book was released on 2021-10-06 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic has highlighted the crucial role regulation plays in the economy and society, but has also exposed gaps in domestic and international rule-making that have cost lives and money. The 2021 Regulatory Policy Outlook, the third in the series, maps country efforts to improve regulatory quality in line with the 2012 OECD Recommendation on Regulatory Policy and Governance, and shares good regulatory practices that can help close the gaps.

Recommendation of the Council on Regulatory Policy and Governance

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264209026
Total Pages : 38 pages
Book Rating : 4.2/5 (642 download)

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Book Synopsis Recommendation of the Council on Regulatory Policy and Governance by : OECD

Download or read book Recommendation of the Council on Regulatory Policy and Governance written by OECD and published by OECD Publishing. This book was released on 2012-11-02 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This set of guidelines provides the measures by which governments can implement or advance regulatory reform.

OECD Reviews of Regulatory Reform Risk and Regulatory Policy Improving the Governance of Risk

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264082921
Total Pages : 251 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis OECD Reviews of Regulatory Reform Risk and Regulatory Policy Improving the Governance of Risk by : OECD

Download or read book OECD Reviews of Regulatory Reform Risk and Regulatory Policy Improving the Governance of Risk written by OECD and published by OECD Publishing. This book was released on 2010-05-06 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication presents recent OECD papers on risk and regulatory policy. They offer measures for developing, or improving, coherent risk governance policies.

Corporate Social Responsibility and Regulatory Governance

Author : P. Utting
Publisher : Springer
ISBN 13 : 0230246966
Total Pages : 325 pages
Book Rating : 4.2/5 (32 download)

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Book Synopsis Corporate Social Responsibility and Regulatory Governance by : P. Utting

Download or read book Corporate Social Responsibility and Regulatory Governance written by P. Utting and published by Springer. This book was released on 2009-11-12 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first of two volumes that examine the changing nature of state-business relations. This book assesses the potential and limits of CSR in developing countries, by focusing on aspects that are often ignored in the CSR literature: historical experience, theoretical perspectives, and institutional and political dimensions of change.

Handbook for Evaluating Infrastructure Regulatory Systems

Author : Ashley C. Brown
Publisher : World Bank Publications
ISBN 13 : 0821365800
Total Pages : 422 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Handbook for Evaluating Infrastructure Regulatory Systems by : Ashley C. Brown

Download or read book Handbook for Evaluating Infrastructure Regulatory Systems written by Ashley C. Brown and published by World Bank Publications. This book was released on 2006-01-01 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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."

Time Horizons and Technology Investments

Author : National Academy of Engineering
Publisher : National Academies Press
ISBN 13 : 0309046475
Total Pages : 119 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Time Horizons and Technology Investments by : National Academy of Engineering

Download or read book Time Horizons and Technology Investments written by National Academy of Engineering and published by National Academies Press. This book was released on 1992-02-01 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is frequently argued that U.S. corporations have shorter time horizons for planning and investment than their Japanese and German competitors. This argument, though widely accepted in studies of U.S. competitiveness, has rarely been examined in depth. Time Horizons and Technology Investments explores the evidence that some U.S. corporations consistently select projects biased toward short-term return and addresses factors influencing the time-related preferences of U.S. corporate managers in selecting projects for investment. It makes recommendations to policymakers and managers about policies to mitigate negative external influences and about strategies to remove internal biases toward noncompetitive decisions.

Financial Sector Governance

Author : Robert E. Litan
Publisher : Brookings Institution Press
ISBN 13 : 9780815752905
Total Pages : 474 pages
Book Rating : 4.7/5 (529 download)

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Book Synopsis Financial Sector Governance by : Robert E. Litan

Download or read book Financial Sector Governance written by Robert E. Litan and published by Brookings Institution Press. This book was released on 2004-05-13 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: A financial system is only as strong as the governing practices and institutions of its participants. The challenge to build efficient and accountable financial institutions that promote confidence is a problem that private financial sector executives and policymakers confront together. In this context, Financial Sector Governance takes a clinical approach to addressing the challenges in emerging and developed markets in each industry: capital markets, private banks, state-owned banks, asset management companies, public pension funds, and mutual funds. It also explores the linkages between public and private sector governance, and the policy implications for strengthening both sides. Financial Sector Governance emerges from the fourth annual Financial Markets and Development conference, organized by the World Bank, the International Monetary Fund and the Brookings Institution, during which participants from the public and private financial sectors of emerging and developed markets contribute to an expanding dialogue addressing key policy concerns.

Being an Independent Regulator

Author : OECD
Publisher : Org. for Economic Cooperation & Development
ISBN 13 : 9789264255395
Total Pages : 0 pages
Book Rating : 4.2/5 (553 download)

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Book Synopsis Being an Independent Regulator by : OECD

Download or read book Being an Independent Regulator written by OECD and published by Org. for Economic Cooperation & Development. This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report identifies the critical points where undue influence can be exercised at different moments in the life of a regulator and discusses some of the avenues for developing a culture of independence, including through interactions with stakeholders, staffing and financing.

Governance of Public Sector Organizations

Author : P. Lægreid
Publisher : Springer
ISBN 13 : 0230290604
Total Pages : 352 pages
Book Rating : 4.2/5 (32 download)

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Book Synopsis Governance of Public Sector Organizations by : P. Lægreid

Download or read book Governance of Public Sector Organizations written by P. Lægreid and published by Springer. This book was released on 2010-10-27 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governance of Public Sector Organizations a nalyzes recent changes in government administration by focusing on organizational forms and their effects. Contributors to this edited volume demonstrate how generations of reform result in increased complexity of government organizations, and explain this layering process with multiple theories.