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Review of Regulators Orientation and Performance

Author: Gaylor Montmasson-Clair
Publisher:
ISBN:
Category :
Languages : en
Pages : 98

Book Description
Effective performance by economic regulators is important for growth and development. In recognition of the importance of their role, the Economic Development Department has commissioned the Centre for Competition, Regulation and Economic Development at the University of Johannesburg to undertake a research and capacity building project for economic regulators in South Africa. The Regulatory Entities Capacity Building Project involves a review of the performance of the economic regulators as well as identifying the constraints impacting their performance. The University of Johannesburg aims to use the information from the reviews to create customised training course in regulatory economics for both employees of the economic regulators in South Africa and for students. Trade & Industrial Policy Strategies (TIPS) conducted a specific sector review for the project on the renewable enery sector. The emphasis of the review is on understanding the issues at a practical level, looking at how the regulator has been able to address the challenges it has faced, and how it can be assisted to improve, including from learning from other regulators.

Review of Regulators Orientation and Performance

Author: Gaylor Montmasson-Clair
Publisher:
ISBN:
Category :
Languages : en
Pages : 98

Review of Regulators Orientation and Performance

Author: Reena Das Nair
Publisher:
ISBN:
Category :
Languages : en
Pages : 137

Book Description
Effective performance by economic regulators is important for growth and development. In recognition of the importance of their role, the Economic Development Department has commissioned the Centre for Competition, Regulation and Economic Development to undertake a research and capacity building project for economic regulators in South Africa. The Regulatory Entities Capacity Building Project involves a review of the performance of the economic regulators as well as identifying the constraints impacting their performance. The University of Johannesburg aims to use the information from the reviews to create customised training course in regulatory economics for both employees of the economic regulators in South Africa and for students. Trade & Industrial Policy Strategies (TIPS) conducted a specific review for the project on the electricity sector. The emphasis of the review is on understanding the issues at a practical level, looking at how the regulator has been able to address the challenges it has faced, and how it can be assisted to improve, including from learning from other regulators.

Understanding Regulation

Author: Robert Baldwin
Publisher: Oxford University Press
ISBN: 0191617776
Category : Law
Languages : en
Pages :

Book Description
Regulation is a key concern of industries, consumers, citizens, and governments alike. Building on the success of the first edition, Understanding Regulation, Second Edition provides the reader with an introduction to key debates and discussions in the field of regulation from a number of disciplinary perspectives, looking towards law, economics, business, political science, sociology, and social administration. The book has been extensively revised and updated to take into account the significant developments and events of the past decade. Containing several new chapters, it has been completely restructured into seven parts, covering: the fundamental issues regarding regulation; different types of regulatory strategies; rules and enforcement; quality and evaluation; regulation at different levels of government; network issues; and concluding thoughts. Drawing on cross-sectoral and cross-national examples, this book reviews the central questions of regulation, and reflects upon those contentious issues that affect the design and operation of regulatory institutions. Amongst other topics, it discusses 'better regulation', enforcement, self-regulation, risk regulation, cost-benefit analysis, and more utility regulation-oriented topics, such as price-setting. It will be an essential resource for academics, researchers, and graduates across the social sciences studying regulation.

Regulatory Governance and Sector Performance

Author: Luis Andres
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 33

Book Description
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.