- Additional Authors
- Found In
- OECD Economic Studies Vol. 2001, no. 1, p. 11-98 1609-7491
- Description
- 103 p.
- Summary
- This article reviews trends, outcomes and issues in regulatory reform in OECD countries. First, it summarises the evidence on the evolution of regulatory environments and the economy-wide and sectoral effects of reforms (including privatisation) in both competitive and non-competitive industries in the past two decades. Turning to network industries, it then discusses the main policy issues raised by the need to adapt the regulation of the non-competitive segments of these industries to increasing competition in liberalised markets. It focuses on four topics that dominate the debate over regulatory reform: i) the move from command-and-control to incentivebased regulatory approaches relying on the removal of entry barriers in competitive markets, the adoption of price-cap mechanisms and the design of efficient and competitively-neutral charges for accessing the fixed networks of incumbents; ii) the pros and cons of structural measures such as privatisation, and vertical and horizontal separation of formerly integrated monopolies; iii) the ways to ensure that important non-economic objectives, such as universality of service, continue to be achieved in a more competitive environment at a minimum cost for society; and iv) the design of regulatory mechanisms and institutions that encourage best practice regulation.
- Subject
- Economics
- LCCN
- 10.1787/eco_studies-v2001-art3-en
- OCLC
- oecd-lib-002386
- Author
Gönenç, Rauf.
- Title
The Implementation and the Effects of Regulatory Reform [electronic resource]: Past Experience and Current Issues / Rauf Gönenç, Maria Maher and Giuseppe Nicoletti
- Imprint
Paris : OECD Publishing, 2003.
- Connect to:
- Indexed Term
Economics
- Added Author
Maher, Maria.
Nicoletti, Giuseppe.
- Found In:
OECD Economic Studies Vol. 2001, no. 1, p. 11-98 2001:1<11 1609-7491
- Other Editions:
Mise en oeuvre et effets de la réforme de la réglementation : Leçons à tirer et problématique actuelle fre (FR-PaOEC)eco_studies-v2001-art3-fr
- Other Standard Identifier
10.1787/eco_studies-v2001-art3-en doi