Utility Regulators : The Independence Debate

• Tác giả: Warrick Smith
• Ngôn ngữ: eng
• Ký hiệu phân loại: 972.03 Revolutionary period and period of independence, 1810-1822
• Thông tin xuất bản: World Bank, Washington, DC, 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 325754
• Chủ đề: 1. ASSURANCE; 2. AUTHORITY; 3. DENATIONALIZATION; 4. ENERGY MANAGEMENT ACCOUNTABILITY; 5. GOVERNMENT REGULATION

Tóm tắt

Some governments are reluctant to surrender political control over regulatory decisions, and some who agree on the general desirability of independent agencies may question whether they are feasible in all country settings. The author argues that regulatory independence is worth the effort even in countries with little tradition of such government entities. The agencies should have arm's-length relationships with regulated firms, consumers, and politicians, and they should have the funding and expertise to underpin such independence. He explains the requirements for achieving independent agencies, including formal safeguards, and suggests possible paths of transition for setting up such agencies.