Regulatory Governance in Infrastructure Industries: Assessment and Measurement of Brazilian Regulators

The objective of this report is twofold: to provide a comprehensive assessment of the state of regulatory governance in infrastructure industries in Brazil and to suggest possible indicators for future monitoring. After the introduction, Section 2 sets up the analytical framework for the report, identifying key components of regulatory governance, namely, autonomy (political and financial), procedures for decision making, instruments (including personnel), and accountability. Section 3 assesses each of these components in practice, reporting the results of a survey with 21 regulatory agencies in Brazil, which was designed and implemented by the research team in 2005. Section 4 measures regulatory governance based on three related indexes, ranks the Brazilian regulators among themselves, and compares the proposed indexes with two other indicators available in the literature. Section 5 presents the conclusions.

Bibliographic Details

Main Authors:	Correa, Paulo, Pereira, Carlos, Mueller, Bernardo, Melo, Marcus
Language:	English en_US
Published:	Washington, DC: World Bank 2006
Subjects:	ACCOUNTABILITY, ADMINISTRATIVE PROCEDURES, ADMINISTRATIVE PROCESSES, BENCHMARKING, BUSINESS ASSOCIATIONS, BUSINESS ENVIRONMENT, COMPREHENSIVE ASSESSMENT, CONSENSUS, CONSUMER SATISFACTION, CONTRACT ENFORCEMENT, DECISION MAKING, DECISION-MAKING, DECISION-MAKING PROCESS, DECISION-MAKING PROCESSES, DELEGATION OF POWERS, DEREGULATION, DISCRETIONARY POWER, ECONOMIC REGULATION, ECONOMIES OF SCALE, EFFECTIVE REGULATION, ELECTRICITY SECTOR, ENERGY POLICY, ENERGY REGULATORS, ENERGY SECTOR, FEDERAL AGENCIES, FINANCIAL AUTONOMY, FISCAL CRISES, GOOD GOVERNANCE, GOOD REGULATORY GOVERNANCE, GOVERNANCE DIMENSIONS, GOVERNANCE INSTITUTIONS, INDEPENDENT REGULATORS, INDEPENDENT REGULATORY, INDEPENDENT REGULATORY AGENCIES, INDEPENDENT REGULATORY INSTITUTIONS, INFRASTRUCTURE INDUSTRIES, INSTITUTIONAL ENVIRONMENT, INSTITUTIONAL VARIABLES, INTERNATIONAL COMPARISON, JUDICIAL INSTITUTIONS, JUDICIARY, LATIN AMERICAN, LEGAL ACTION, LEGAL FRAMEWORK, LEGAL STATUS, LEGISLATION, LEGISLATURE, LEGISLATURES, LEGITIMACY, MAJORITY RULE, MOBILITY, MULTILATERAL INSTITUTIONS, MUNICIPALITY, NATURAL GAS, POLITICAL INFLUENCE, POLITICAL STABILITY, POLITICIANS, POOR PERFORMANCE, PRESIDENTS, PRIVATE OPERATORS, PRIVATE SECTOR, PRIVATE SECTOR INVOLVEMENT, PRIVATIZATION, PROCEDURAL REQUIREMENTS, PROPERTY RIGHTS, PUBLIC ACCEPTABILITY, PUBLIC HEARINGS, PUBLIC TRANSPORTATION, RAILROADS, RAILWAY, RAILWAY SYSTEM, RAILWAYS, REGULATED INDUSTRIES, REGULATED INDUSTRY, REGULATORS, REGULATORY ACTION, REGULATORY ACTIVITIES, REGULATORY AGENCIES, REGULATORY AGENCY, REGULATORY ARRANGEMENTS, REGULATORY AUTHORITY, REGULATORY CAPTURE, REGULATORY CREDIBILITY, REGULATORY DECISION, REGULATORY DECISIONS, REGULATORY EFFECTIVENESS, REGULATORY FRAMEWORK, REGULATORY GOVERNANCE, REGULATORY INSTRUMENTS, REGULATORY OUTCOMES, REGULATORY PRACTICES, REGULATORY PROCESS, REGULATORY SYSTEM, ROADS, RULES, SANITATION, STATE AGENCIES, STATE AGENCY, STATE REGULATORY, STATE TRANSPORTATION, STATE TRANSPORTATION AGENCY, STATE-OWNED ENTERPRISES, TARIFF SETTING, TECHNICAL STANDARDS, TRANSACTION COSTS, TRANSITION ECONOMIES, TRANSPARENCY, TRANSPORT, TRANSPORT INDUSTRIES, TRANSPORTATION, TRANSPORTATION AGENCY, UTILITIES, VESTED INTERESTS, WATER SECTOR,
Online Access:	http://documents.worldbank.org/curated/en/2006/01/6828562/regulatory-governance-infrastructure-industries-assessment-measurement-brazilian-regulators https://hdl.handle.net/10986/7059
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