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This report examines the causes of low productivity growth in
Kazakhstan by combining an analysis of firm-level data and multiple
policy drivers. It is the first work to analyze the
micro-foundations of the total factor productivity in Kazakhstan
and elaborating specific recommendations for boosting aggregate
productivity growth.
This paper assesses and measures regulatory governance in 21
infrastructure regulators in Brazil. Regulatory Governance is
decomposed into four main attributes: autonomy; decision-rules;
means and tools; and accountability. A ranking is proposed and the
main areas for improvement identified. A comparison of the proposed
regulatory governance index and other indexes internationally
available is performed. Section 2 sets up the analytical framework
for the report, identifying key components of regulatory
governance, namely, autonomy (political and financial), procedures
for decision-making, tools and means (including personnel), and
accountability. Section 3 assesses each of these components in
practice, reporting the results of a survey with 21 regulatory
agencies in Brazil, which was designed and implemented in 2005.
Section 4 measures regulatory governance based on three related
indexes, ranks the Brazilian regulators among themselves, and
compares the proposed indexes with other two indicators available
in the literature. Section 5 presents the conclusions.
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