| Description |
1 online resource (422 pages) |
| Series |
Online access: World Bank World Bank Open Knowledge Repository
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| Contents |
Foreword; Acknowledgments; About the Authors; Abbreviations; Executive Summary; What the Handbook Does; Quick Evaluation; Mid-Level Evaluation; In-Depth Evaluation; What Should Be Evaluated?; What Benchmarks?; Transitional Regulatory Systems; Chapter 1 Evaluating the Effectiveness of Infrastructure Regulatory Systems: A Framework and Rationale; Why Evaluate Regulatory Effectiveness?; A Checkup; Expectations and Performance; Recommended Approach; What Should Be Evaluated?; The Meaning of Regulation; Regulatory Systems; Regulatory Entities; Quasi-Regulatory Systems and Failed States |
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Old-Style Versus New-Style RegulationTwo Important Dimensions of Regulation: Governance and Substance; Focus of This Handbook; The Structure of the Handbook; Chapter 2 Approaches to Evaluating Regulatory Effectiveness; Principal Methods of Evaluation; Type 1-Cross-Country Statistical Analyses; Type 2-Cross-Country Descriptive Analyses; Type 3-Single-Country Structured Case Studies; The Approach of This Handbook and How It Differs from Earlier Approaches; Sector Outcomes and Regulatory Evaluations; Quantitative Versus Qualitative?; The Recommended Approach |
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Two Limitations of the Recommended ApproachThe Limits of Regulation; The Good, the Bad, and the Uncertain; Bad Regulation; The Strategy of the Recommendations; Chapter 3 Benchmarks for Regulatory Governance: Key Principles and Critical Standards; Why Benchmarks?; What Is an Independent Regulator?; Why Use an Independent Regulator as a Benchmark?; Are There Meta-Principles for Regulatory Governance?; Is the Independent Regulator Model Feasible in Countries with Limited Governance Capability?; Ten Key Principles for the Independent Regulator Model of Regulatory Governance; 1. Independence |
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2. Accountability3. Transparency and Public Participation; 4. Predictability; 5. Clarity of Roles; 6. Completeness and Clarity in Rules; 7. Proportionality; 8. Requisite Powers; 9. Appropriate Institutional Characteristics; 10. Integrity; Critical Standards for Effective Infrastructure Regulation; 1. Legal Framework; 2. Legal Powers; 3. Property and Contract Rights; 4. Clarity of Roles in Regulation and Policy; 5. Clarity and Comprehensiveness of Regulatory Decisions; 6. Predictability and Flexibility; 7. Consumer Rights and Obligations; 8. Proportionality; 9. Regulatory Independence |
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10. Financing of Regulatory Agencies11. Regulatory Accountability; 12. Regulatory Processes and Transparency; 13. Public Participation; 14. Appellate Review of Regulatory Decisions; 15. Ethics; Chapter 4 Transitional Regulatory Systems and Criteria for Evaluating Them; Overview of Transitional Regulatory Systems; Why Transitional Systems?; Good Fits Versus Best Practice; Types of Transitional Regulatory Systems; The Danger of Transitional Regulatory Systems That Never Evolve; The Importance of Starting Conditions; Governance; Commitment and Capacity; Commercialization |
| 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 |
| Notes |
Evaluation Criteria for Transitional Regulatory Systems |
| Bibliography |
Includes bibliographical references (pages 353-377) and index |
| Notes |
English |
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Print version record |
| Subject |
Electric utilities -- Developing countries -- Finance
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Electric utilities -- Government policy -- Developing countries
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Electric utilities -- Developing countries -- Management
|
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Infrastructure (Economics) -- Government policy -- Developing countries
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Electric utilities -- Finance
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Electric utilities -- Government policy
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Electric utilities -- Management
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Infrastructure (Economics) -- Government policy
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Developing countries
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| Form |
Electronic book
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| Author |
Stern, Jon
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Tenenbaum, Bernard
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| LC no. |
2006045422 |
| ISBN |
9780821365809 |
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0821365800 |
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1280503483 |
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9781280503481 |
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9786610503483 |
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6610503486 |
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9780821365793 |
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0821365797 |
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