Regulatory Governance in Developing Countries
The purpose of this report is to introduce and present key components of the regulatory governance agenda, and to discuss its relevance for developing countries. The paper identifies failings and knowledge gaps relevant to the implementation of reg...
| Main Authors: | , , |
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| Language: | English en_US |
| Published: |
Washington, DC
2017
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/543401468176979961/Better-regulation-for-growth-governance-frameworks-and-tools-for-effective-regulatory-reform-regulatory-governance-in-developing-countries http://hdl.handle.net/10986/27881 |
| Summary: | The purpose of this report is to
introduce and present key components of the regulatory
governance agenda, and to discuss its relevance for
developing countries. The paper identifies failings and
knowledge gaps relevant to the implementation of regulatory
governance initiatives, and it discusses how lessons already
learned can guide reformers and donor organizations in their
continued efforts to promote sustainable growth and private
sector development through better and more efficient
regulation. Following the executive summary and this
introduction, the paper is divided into the following
sections: regulatory governance - what is it? This section
defines and introduces basic concepts of regulatory
governance. Regulation and economic growth - in this
section, the links between regulatory governance reforms and
economic growth are clarified. Major building blocks of a
regulatory governance system - this section explores the
main building blocks of a regulatory governance system and
highlights elements of relevance for developing countries.
Application of regulatory governance tools and approaches in
developing countries. This section summarizes the pros and
cons for applying regulatory governance tools in developing
countries, and summarizes the recorded results and
experiences with regulatory governance tools in three
developing countries. Looking ahead: should donors and
governments invest more in regulatory governance? The paper
concludes with the lessons learned and not yet learned, and
challenges ahead for the regulatory governance agenda in
developing countries. |
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