Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE ( © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 18 January 2021

Abstract and Keywords

The corpus of research on developing countries of the last five to ten years shows that the design of regulatory systems has to address many goals under very tight institutional capacity constraints. These goals range from standard economic concerns such as efficiency, equity, or fiscal sustainability when the networks rely heavily on subsidies to more political concerns including notably the need to ensure more accountability of the providers of the services. This article provides a brief overview of the ownership structure and organisation of regulation in developing countries. It identifies the four key institutional limitations that are found in developing countries: capacity, commitment, accountability, and fiscal efficiency. Furthermore, this article discusses their implications and the regulatory policy options available to address them. It shows some of the trade-offs and inconsistencies due to conflicts in the optimal strategy to deal with different problems. Finally, it summarises the relevant empirical results.

Keywords: developing countries, capacity, commitment, accountability, fiscal efficiency

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.