The Role of Economic Regulators in the Governance of Infrastructure

image of The Role of Economic Regulators in the Governance of Infrastructure

Economic regulators are responsible for ensuring that infrastructure services are delivered efficiently, where competition on its own is unable to achieve this outcome. Based on a survey of 34 economic regulators covering 77 sectors and subsectors including energy, transport, communications and water, this report explores how economic regulators carry out this task, and suggests how this experience can be usefully applied in the governance of infrastructure more broadly.


Foreword and acknowledgements

Infrastructure is vital for all citizens and businesses, providing essential services ranging from clean water to energy, roads and public buildings such as schools and hospitals. The governance of infrastructure supports all stages in the infrastructure lifecycle (from the identification of needs to decommission), underpinning delivery of those services. When governance arrangements fall short, this can lead to projects failing to meet their deadlines, budget, or service delivery objectives resulting in poor outcomes.


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