Countries exiting conflict and fragility face many urgent
priorities and almost invariably suffer from substantial
infrastructure deficits. There is typically very little
infrastructure investment during periods of fragility and conflict,
and existing installations are often damaged or destroyed. The
purpose of this manual is to contribute to improvements in the
quality of infrastructure regulation. It does so by identifying key
principles for the governance of infrastructure regulators and by
suggesting how these principles can be introduced successfully and
maintained over time. The introduction of cross-cutting governance
principles for regulators is based on the assumption that a uniform
set of governance principles can be less costly and complex for
governments to implement and enforce and will provide potential
investors with a more consistent and predictable regulatory
environment to navigate. The manual also discusses the process of
implementing regulatory governance reforms in fragile contexts.
Improvements in governance frameworks for infrastructure regulators
will support better and accountable regulatory decision-making, as
well as increased investment and overall economic development. Case
studies from relevant country experience complement and provide
context to the discussion on principles.
General
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