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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.

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The survey results in detail

In order to better understand the role of economic regulators in the governance of infrastructure the survey sought information and on a number of aspects of economic regulators, the infrastructure industries they regulate, and the relationship between economic regulators and the infrastructure industries that they regulate. These included: roles and functions; infrastructure delivery mode and cost recovery; the involvement of economic regulators in the infrastructure life-cycle; infrastructure needs; how economic regulators use data in delivering their mandate; change and the involvement of economic regulators in the policy development process; and the challenges currently facing economic regulators.

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