Mitigating Regulatory Risk in Telecommunications

Smith, Peter L. ; Wellenius, Bjorn

World Bank, Washington, DC

关键词: ACCESS TO INFORMATION;    ACCOUNTING;    AUCTIONS;    BARRIERS TO ENTRY;    BIDDING;   

RP-ID  :  22400

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

In the transition from state-ownedmonopolies to privately led and increasingly competitivemarket structures in telecommunications, poor performance ofregulatory agencies limits the benefits of reform. This Noteproposes measures for establishing a regulatory frameworkthat enables better sector performance even when afull-fledged regulatory agency is lacking. These measuresreduce the need for agency decisions -- for example, byprepackaging rules and accelerating competition. Theyenhance the credibility of regulation -- for example, bylocking in principles through international agreements. Andthey generate maximum impact from scarce professional andfinancial resources by using them effectively -- such as bycontracting out functions and creating multisectoral orregional agencies.