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Brazilian Regulatory Agencies: Early Appraisal and Looming Challenges


  • Goldstein, Andrea
  • Pires, Jose Claudio Linhares


Brazil is going through an institutional transition in the provision of public services, which had historically been supplied by State monopolies. A core element in this process is been the creation of a new form of public sector institutions - regulatory agencies with operational and financial autonomy. In this paper we identify their most important decisions and provide detailed analysis of the economic and political context in which they have been taken. We then compare Brazil with some of its peers and argue that its regulatory performance has been rather satisfactory so far, although four main problems must be solved: a. clear governance inadequacies in the coordination between different bodies; b. unclear definition of their respective competencies; c. lack of regulatory sovereignty; and d. inadequacies in design of the new antitrust agency.

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  • Goldstein, Andrea & Pires, Jose Claudio Linhares, 2002. "Brazilian Regulatory Agencies: Early Appraisal and Looming Challenges," Centre on Regulation and Competition (CRC) Working papers 30615, University of Manchester, Institute for Development Policy and Management (IDPM).
  • Handle: RePEc:ags:idpmcr:30615

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    References listed on IDEAS

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    2. Enzo Pontarollo & Andrea Oglietti, 2000. "La performance dell'Autorità per le Garanzie nelle Comunicazioni: un primo esame," L'industria, Società editrice il Mulino, issue 4, pages 765-784.
    3. Fgv-Eesp, 2001. "Private Participation in Infrastructure Projects and Determinants of Observed Contractual Arrangements: The Case of Brazil," Research Department Publications 3112, Inter-American Development Bank, Research Department.
    4. Antonio Abate & Alberto Clô, 2000. "La regolazione elettrica in Italia: alcune prime valutazioni," L'industria, Società editrice il Mulino, issue 4, pages 709-748.
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    6. Noll, Roger G., 1989. "Economic perspectives on the politics of regulation," Handbook of Industrial Organization,in: R. Schmalensee & R. Willig (ed.), Handbook of Industrial Organization, edition 1, volume 2, chapter 22, pages 1253-1287 Elsevier.
    7. Majone, Giandomenico, 1997. "From the Positive to the Regulatory State: Causes and Consequences of Changes in the Mode of Governance," Journal of Public Policy, Cambridge University Press, vol. 17(02), pages 139-167, May.
    8. Goldstein, Andrea, 1999. "Brazilian Privatization in International Perspective: The Rocky Path from State Capitalism to Regulatory Capitalism," Industrial and Corporate Change, Oxford University Press, vol. 8(4), pages 673-711, December.
    9. Preetum Domah & Michael G. Pollitt, 2001. "The restructuring and privatisation of the electricity distribution and supply businesses in England," Fiscal Studies, Institute for Fiscal Studies, vol. 22(1), pages 107-146, March.
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    11. Pippo Ranci, 2000. "Un contributo per valutare l'Autorità per l'energia elettrica e il gas," L'industria, Società editrice il Mulino, issue 4, pages 749-764.
    12. Berg, Sanford, 2000. "Developments in Best-Practice Regulation: Principles, Processes, and Performance," The Electricity Journal, Elsevier, vol. 13(6), pages 11-18, July.
    13. Levy, Brian & Spiller, Pablo T, 1994. "The Institutional Foundations of Regulatory Commitment: A Comparative Analysis of Telecommunications Regulation," Journal of Law, Economics, and Organization, Oxford University Press, vol. 10(2), pages 201-246, October.
    14. Ha-Joon Chang, 2002. "Breaking the mould: an institutionalist political economy alternative to the neo-liberal theory of the market and the state," Cambridge Journal of Economics, Oxford University Press, vol. 26(5), pages 539-559, September.
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    Cited by:

    1. Amann, Edmund & Baer, Werner, 2008. "Neo-liberalism and market concentration in Brazil: The emergence of a contradiction?," The Quarterly Review of Economics and Finance, Elsevier, vol. 48(2), pages 252-262, May.
    2. Knight-John, Malathy & Jayasinghe, Shantha & Perumal, Andrew, 2004. "Regulatory Impact Assessment in Sri Lanka: The Bridges That Have To Be Crossed," Centre on Regulation and Competition (CRC) Working papers 30666, University of Manchester, Institute for Development Policy and Management (IDPM).
    3. Amann, Edmund & Baer, Werner, 2005. "Neo-Liberalism and Market Concentration in Brazil: The Emergence of a Contradiction?," Centre on Regulation and Competition (CRC) Working papers 30658, University of Manchester, Institute for Development Policy and Management (IDPM).

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