Regulatory Governance in Infrastructure Industries Assessment and Measurement of Brazilian Regulators

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Format: Paperback
Pub. Date: 2006-04-28
Publisher(s): World Bank Publications
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Summary

With more than US$100 billion in private investments during the 1990s, the success of infrastructure reforms in Brazil seemed inevitable. However, the current prospects for private participation in infrastructure are far less optimistic and regulatory risk, or at least its perception among private investors, appears to have increased.

Table of Contents

Acknowledgments vii
Foreword viii
Abbreviations and Acronyms x
Introduction
1(3)
Delegation, Governance, and Regulatory Effectiveness
4(6)
Why Is Delegation Needed?
4(1)
What Should Be Delegated?
4(1)
How Should Delegation Be Managed?
5(1)
The Structure of Regulatory Governance
5(5)
Autonomy
5(1)
Decision Making
6(1)
Decision Tools
7(1)
Accountability
7(1)
Regulatory Governance and Effectiveness: Two Caveats
7(1)
Summing Up
8(2)
Governance in Practice
10(12)
The Survey
10(1)
The Results
10(11)
Summary of Results: Can Regulators Be Effective?
21(1)
Measuring and Benchmarking Governance
22(15)
Methodology
22(1)
Results of the Regulatory Governance Indexes
23(5)
Deconstructing the RGI-83
28(3)
Looking at Regulators
31(3)
Federal versus State Regulatory Agencies
31(1)
Old versus New Regulatory Agencies
32(1)
Selected Cases
32(2)
International Comparison
34(3)
Conclusions and Recommendations for Regulatory Improvements
37(2)
References
39(3)
Appendix 1. Codebook for the Regulatory Governance Index 42(18)
Appendix 2 60(2)
Appendix 3 62(11)
Appendix 4 73(3)
Appendix 5 76(1)
Appendix 6 77

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