Foundations of Regulation
- What are the foundations for regulatory activities in infrastructure?
- Historic Rationale – What are the historical reasons leading to the creation of regulatory agencies around the world?
- How can policy makers incorporate market failures in the design of infrastructure reforms?
- Nature of the Benefits – Historically, what have been the main benefits of reforms?
- Reformers – Who usually drives infrastructure reforms: governments, utility providers or sector regulators?
- Beneficiaries – Who are the main beneficiaries of infrastructure reforms?
- Opponents – Who may be hurt by infrastructure reforms and their unanticipated consequences?
- Instability – How can regulators ensure stable (and predictable) regulatory regime under changing market and technological conditions?
- Lack of political continuity – How can legislation be used as a tool for promoting stability and continuity in the reform and regulatory processes?
- Risks – How can the regulator avoid unintended negative consequences when it adopts regulatory decisions?
- Federal systems – What reform strategies and regulatory structures are best suited for large countries with federal system (multiple layers of regulation)?
- Failed states – What reform strategies and regulatory structures are best suited in failed / post-conflict states?