Institutions for Regulatory Governance

This paper looks at the role and design of regulatory reform institutions in developing countries. These institutions are classified into four broad types: 1) regulatory reform units, commonly known in Organization for Economic Cooperation and Development (OECD) countries as oversight bodies for regulatory reform; 2) high-level committees for regulatory reform, established in some countries to leverage support and take decisions at a high political level; 3) advisory and/or advocacy bodies in charge of proposing improvements to the regulatory system by strengthening coordination and consultation mechanisms and by promoting the regulatory reform agenda; and 4) Ad hoc institutions for regulatory reform, established to launch regulatory reform efforts and to work on a single defined task or activity. This paper is divided into the following sections: section one briefly reviews the theoretical debate and literature about the role of institutions in facilitating higher economic growth, focusing in particular on regulatory institutions and their relevance in developing countries; section two discusses the main features of regulatory reform institutions at the center of government, namely regulatory oversight bodies, high level committees, advocacy and/ or advisory bodies and ad-hoc institutions for regulatory reform; and section three identifies the features of these institutions that are considered to be best practice. Section three also identifies and discusses lessons learned and the implications for establishing and operating such institutions in developing country contexts.

Bibliographic Details

Main Authors:	International Finance Corporation, Multilateral Investment Guarantee Agency, World Bank
Format:	Report biblioteca
Language:	English en_US
Published:	Washington, DC 2010
Subjects:	ACCOUNTABILITY, ADMINISTRATIVE BURDEN, ADMINISTRATIVE BURDENS, ADMINISTRATIVE CAPACITY, ADMINISTRATIVE HIERARCHY, ADMINISTRATIVE PROCEDURES, ADMINISTRATIVE REFORM, ADMINISTRATIVE TRADITIONS, ADVISORY COMMITTEE, ADVISORY PANEL, ADVISORY SERVICE, ADVISORY SERVICES, ADVOCACY FUNCTION, ADVOCACY FUNCTIONS, ALTERNATIVES TO REGULATION, AUTONOMOUS REGULATORY AGENCIES, BUREAUCRACY, BUSINESS ASSOCIATIONS, BUSINESS COMMUNITY, BUSINESS ENVIRONMENT, BUSINESS REGULATION, CABINET COMMITTEES, CABINET DECISION, CABINET MINISTERS, CASE-BY-CASE BASIS, CAUSAL EFFECTS, CITIZEN, CITIZENS, CIVIL SOCIETY, COMMITTEE OF CABINET, COMPETITIVE MARKETS, COMPREHENSIVE REVIEW, CONSENSUS, CONSTITUENCY, CONSULTATION, CONSULTATION MECHANISMS, CONSULTATION PROCEDURES, CONSULTATION PROCESS, CORRUPTION, COUNCILS, DECISION MAKERS, DECISION MAKING, DECISION-MAKING, DECREE, DELEGATION OF AUTHORITY, DEPUTY MINISTERS, DRAFT LEGISLATION, DRAFT REGULATIONS, ECONOMIC ACTIVITIES, ECONOMIC ACTIVITY, ECONOMIC COOPERATION, ECONOMIC DEREGULATION, ECONOMIC DEVELOPMENT, ECONOMIC GROWTH, ECONOMIC INCENTIVES, ECONOMIC PERFORMANCE, EFFECTIVE SANCTIONS, EXECUTIVE ARM OF GOVERNMENT, FEDERAL REGULATORY POLICY, FINAL REPORT, FINANCIAL RESOURCES, FOREIGN AFFAIRS, FRAMEWORK FOR REGULATIONS, GOOD GOVERNANCE, GOVERNANCE INSTITUTIONS, GOVERNMENT DEPARTMENTS, GOVERNMENT INSTITUTIONS, GOVERNMENT PROPOSALS, GOVERNMENT REGULATION, GOVERNMENT REPRESENTATIVES, GOVERNOR GENERAL, GROWTH RATES, HEAD OF STATE, HUMAN RESOURCES, INCOME, INSTITUTION BUILDING, INSTITUTIONAL ARRANGEMENT, INSTITUTIONAL ARRANGEMENTS, INSTITUTIONAL DEVELOPMENT, INSTITUTIONAL FRAMEWORK, INSTITUTIONAL MECHANISMS, INSTITUTIONALIZATION, INTERNATIONAL DEVELOPMENT, INTERNATIONAL ORGANIZATIONS, INVESTMENT CLIMATE, JUDICIARY, LAW MAKING, LAWYER, LEGAL INSTRUMENT, LEGITIMACY, LEVELS OF GOVERNMENT, LOBBYING, LOCAL GOVERNMENT, LOW INCOME COUNTRIES, MEDIA, MINISTER, MINISTERS, MINISTRIES OF JUSTICE, MINISTRY OF FINANCE, NATIONAL GOVERNMENTS, NATIONAL LEVEL, OFFICE OF MANAGEMENT, PARLIAMENT, PER CAPITA INCOMES, POLICY IMPLICATIONS, POLICY INSTRUMENTS, POLICY OBJECTIVES, POLICY PROPOSAL, POLICY PROPOSALS, POLITICAL COMMITMENT, POLITICAL CRISIS, POLITICAL ECONOMY, POLITICAL INSTABILITY, POLITICAL LEADERSHIP, POLITICAL SYSTEM, POLITICAL WILL, POLITICIANS, PRIME MINISTER, PRIVATE SECTOR PARTICIPATION, PRIVATE SECTOR REPRESENTATIVES, PUBLIC ADMINISTRATION, PUBLIC GOODS, PUBLIC SECTOR, PUBLIC SERVANTS, QUALITY REGULATION, QUALITY STANDARDS, REGIONAL INTEGRATION, REGULATION-MAKING AUTHORITY, REGULATORS, REGULATORY AFFAIRS, REGULATORY AFFAIRS DIVISION, REGULATORY AGENCIES, REGULATORY AGENDA, REGULATORY AUTHORITIES, REGULATORY CHANGES, REGULATORY DECISION, REGULATORY DECISIONS, REGULATORY ENVIRONMENT, REGULATORY IMPACT, REGULATORY IMPACT ASSESSMENT, REGULATORY INSTITUTION, REGULATORY INSTITUTIONS, REGULATORY ISSUES, REGULATORY MANAGEMENT, REGULATORY MANAGEMENT SYSTEMS, REGULATORY OUTCOMES, REGULATORY OVERSIGHT, REGULATORY POLICIES, REGULATORY POLICY, REGULATORY POWERS, REGULATORY PROCESS, REGULATORY PROCESSES, REGULATORY PROPOSAL, REGULATORY PROPOSALS, REGULATORY QUALITY, REGULATORY REFORM, REGULATORY REFORM EFFORTS, REGULATORY REFORM POLICY, REGULATORY REFORM PROCESS, REGULATORY REFORM PROJECTS, REGULATORY REFORM STRATEGY, REGULATORY REFORMS, REGULATORY REVIEW, REGULATORY STRUCTURES, REGULATORY SUBMISSIONS, REGULATORY SYSTEM, REGULATORY SYSTEMS, RULES, SENIOR OFFICIALS, SENIOR REGULATORY, SOCIAL CONDITIONS, TAXATION, TECHNICAL EXPERTS, TECHNOCRATS, TRANSITION ECONOMIES, TRANSPARENCY, TREASURY BOARD, VESTED INTERESTS, VETO, VETO POWER, VIOLENCE,
Online Access:	http://documents.worldbank.org/curated/en/955811468330978599/Better-regulation-for-growth-governance-frameworks-and-tools-for-effective-regulatory-reform-institutions-for-regulatory-governance https://hdl.handle.net/10986/27880
Tags:	Add Tag No Tags, Be the first to tag this record!