Regulatory Governance Initiative Seminar on Sectoral Regulators for Network Industries

Regulatory Governance Initiative in South East Europe

A Regional Flagship Initiative in the Framework of the Investment Compact of the Stability Pact

Setting up sectoral regulators for network industries in policy areas such as telecommunications or energy is one of the key aspects of modern regulatory governance. Governments are key drivers in the market reform process, especially when it comes to privatising former state-owned monopolies. In this process, governments progressively separate their policy functions from regulatory enforcement and the operation of network companies.

This seminar focused on how countries can build or rebuild these market-based institutions in order to assure high quality regulation that is efficient, transparent and accountable. It discussed the policy implications of designing independent institutions in relation to the rest of the governance system (i.e. relations with the ministries, the parliament or the judiciary). It also highlighted the need for a “whole of the government” approach, by setting up proper horizontal relationships, in particular in relation to the competition authorities. Discussions were based on concrete lessons from the experience learned in OECD and East European countries.

The seminar was hosted and organised in collaboration with the Government of the Czech Republic.

To download the proceedings of the Seminar:
Regulatory Governance Initiative South East Europe: Building Sectoral Regulators