Regulatory Governance in Infrastructure Industries: Assessment and Measurement of Brazilian Regulators

This paper assesses and measures regulatory governance in 21 infrastructure regulators in Brazil. Regulatory Governance is decomposed into four main attributes: autonomy; decision-rules; means and tools; and accountability. A ranking is proposed and the main areas for improvement identified. A comparison of the proposed regulatory governance index and other indexes internationally available is performed.

Section 2 sets up the analytical framework for the report, identifying key components of …