Institutions to promote regulatory reform in Colombia

Chapter 4 describes the organisation of the government in three branches, executive, legislative and judicial, as well as their role in promoting regulatory improvement. It provides a detailed analysis of the organisation and governance of regulatory agencies, namely ministries and regulatory commissions, and supervisory bodies, called Superintendencias, as well as their synergies and the co-ordination challenges in the functioning of these different entities. Finally, the chapter provides recommendations to strengthen the institutional set up for regulatory reform, upgrade co-ordination mechanisms, and advance accountability and autonomy of regulatory bodies.