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Economic Governance: Improving the Economic and Regulatory Environment for Supporting Private Sector Activity

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  • Colin Kirkpatrick

Abstract

This paper reviews the state of knowledge on the effectiveness of donor interventions aimed at improving the regulatory environment for private sector development in developing countries. Where regulatory reform is undertaken, the expectation is that there will be improvements to economic and welfare outcomes. By providing a review of the evidence on the results of regulatory reform, the paper aims to increase understanding of the types of interventions that are likely to have a positive impact on private sector development in developing countries.

Suggested Citation

  • Colin Kirkpatrick, 2012. "Economic Governance: Improving the Economic and Regulatory Environment for Supporting Private Sector Activity," WIDER Working Paper Series wp-2012-108, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:wp-2012-108
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    File URL: https://www.wider.unu.edu/sites/default/files/wp2012-108.pdf
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    References listed on IDEAS

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    1. Kirkpatrick, Colin & Zhang, Yin-Fang, 2004. "Regulatory Impact Assessment in Developing and Transition Economies: A Survey of Current Practice," Centre on Regulation and Competition (CRC) Working papers 30673, University of Manchester, Institute for Development Policy and Management (IDPM).
    2. Yin-Fang Zhang & David Parker & Colin Kirkpatrick, 2008. "Electricity sector reform in developing countries: an econometric assessment of the effects of privatization, competition and regulation," Journal of Regulatory Economics, Springer, vol. 33(2), pages 159-178, April.
    3. Gutierrez, Luis H. & Berg, Sanford, 2000. "Telecommunications liberalization and regulatory governance: lessons from Latin America," Telecommunications Policy, Elsevier, vol. 24(10-11), pages 865-884, November.
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    7. Paul Shaffer, 2011. "Against Excessive Rhetoric in Impact Assessment: Overstating the Case for Randomised Controlled Experiments," Journal of Development Studies, Taylor & Francis Journals, vol. 47(11), pages 1619-1635.
    8. Stern, Jon & Holder, Stuart, 1999. "Regulatory governance: criteria for assessing the performance of regulatory systems: An application to infrastructure industries in the developing countries of Asia," Utilities Policy, Elsevier, vol. 8(1), pages 33-50, March.
    9. David B. Audretsch (ed.), 2006. "Entrepreneurship, Innovation and Economic Growth," Books, Edward Elgar Publishing, number 4130.
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    11. Justin Yifu Lin, 2013. "From Flying Geese to Leading Dragons: New Opportunities and Strategies for Structural Transformation in Developing Countries," International Economic Association Series, in: Joseph E. Stiglitz & Justin Lin Yifu & Ebrahim Patel (ed.), The Industrial Policy Revolution II, chapter 1, pages 50-70, Palgrave Macmillan.
    12. Kaplan, David S. & Piedra, Eduardo & Seira, Enrique, 2011. "Entry regulation and business start-ups: Evidence from Mexico," Journal of Public Economics, Elsevier, vol. 95(11), pages 1501-1515.
    13. Colin Kirkpatrick & David Parker & Yin-Fang Zhang, 2004. "Regulatory Impact Assessment in Developing and Transition Economies: A Survey of Current Practice," Public Money & Management, Taylor & Francis Journals, vol. 24(5), pages 291-296, October.
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    15. Malathy Knight-John, 2004. "Competition, regulation and regulatory governance in Sri Lanka," Chapters, in: Paul Cook & Colin Kirkpatrick & Martin Minogue & David Parker (ed.), Leading Issues in Competition, Regulation and Development, chapter 14, Edward Elgar Publishing.
    16. Thankom G. Arun, 2004. "Regulation and competition: emerging issues from an Indian perspective," Chapters, in: Paul Cook & Colin Kirkpatrick & Martin Minogue & David Parker (ed.), Leading Issues in Competition, Regulation and Development, chapter 20, Edward Elgar Publishing.
    17. Howard White, 2009. "Theory-based impact evaluation: principles and practice," Journal of Development Effectiveness, Taylor & Francis Journals, vol. 1(3), pages 271-284.
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    22. Nicholas Crafts, 2006. "Regulation and Productivity Performance," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 22(2), pages 186-202, Summer.
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    24. Benjamin P. Eifert, 2009. "Do Regulatory Reforms Stimulate Investment and Growth? Evidence from the Doing Business Data, 2003-07," Working Papers 159, Center for Global Development.
    25. Martin Minogue, 2004. "Public management and regulatory governance: problems of policy transfer to developing countries," Chapters, in: Paul Cook & Colin Kirkpatrick & Martin Minogue & David Parker (ed.), Leading Issues in Competition, Regulation and Development, chapter 8, Edward Elgar Publishing.
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    Cited by:

    1. Rachel M. Gisselquist & Miguel Niño-Zarazúa, 2013. "What Can Experiments Tell Us About How to Improve Governance?," WIDER Working Paper Series wp-2013-077, World Institute for Development Economic Research (UNU-WIDER).
    2. Gisselquist, Rachel & Niño-Zarazúa, Miguel, 2013. "What can experiments tell us about how to improve governance?," MPRA Paper 49300, University Library of Munich, Germany.

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    Economic policy; Public administration;

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