'The aim of regulation is to protect consumers, while ensuring that the company remains viable and has an incentive to operate efficiently.' In many developing countries private companies are replacing government agencies as owners and operators of infrastructure services. Governments must now develop new skills in economic regulation of these private providers to protect consumer interests, while also ensuring that the companies remain economically and financially sound and have incentives to operate efficiently. This manual provides new economic regulators with practical guidance on how to...
'The aim of regulation is to protect consumers, while ensuring that the company remains viable and has an incentive to operate efficiently.' In many d...
Developing effective regulation for utilities has always depended on getting good accounting information on finances and operations. But reforms within the utility sector--such as promoting competition and encouraging private participation--make accurate regulatory accounting even more important. As sector and corporate structures become more complex, with utilities operating in both competitive and regulated markets or across several jurisdictions, cost allocations have become both more critical and complex. Clear requirements for regulatory accounts are an essential element in the...
Developing effective regulation for utilities has always depended on getting good accounting information on finances and operations. But reforms withi...
