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Brazilian Regulatory Agencies: Early Appraisal and Looming Challenges

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  • Goldstein, Andrea
  • Pires, Jose Claudio Linhares

Abstract

Brazil is going through an institutional transition in the provision of public services, which had historically been supplied by State monopolies. A core element in this process is been the creation of a new form of public sector institutions - regulatory agencies with operational and financial autonomy. In this paper we identify their most important decisions and provide detailed analysis of the economic and political context in which they have been taken. We then compare Brazil with some of its peers and argue that its regulatory performance has been rather satisfactory so far, although four main problems must be solved: a. clear governance inadequacies in the coordination between different bodies; b. unclear definition of their respective competencies; c. lack of regulatory sovereignty; and d. inadequacies in design of the new antitrust agency.

Suggested Citation

  • Goldstein, Andrea & Pires, Jose Claudio Linhares, 2002. "Brazilian Regulatory Agencies: Early Appraisal and Looming Challenges," Centre on Regulation and Competition (CRC) Working papers 30615, University of Manchester, Institute for Development Policy and Management (IDPM).
    • Handle: RePEc:ags:idpmcr:30615
    DOI: 10.22004/ag.econ.30615
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    1. Amann, Edmund & Baer, Werner, 2008. "Neo-liberalism and market concentration in Brazil: The emergence of a contradiction?," The Quarterly Review of Economics and Finance, Elsevier, vol. 48(2), pages 252-262, May.
    2. Knight-John, Malathy & Jayasinghe, Shantha & Perumal, Andrew, 2004. "Regulatory Impact Assessment in Sri Lanka: The Bridges That Have To Be Crossed," Centre on Regulation and Competition (CRC) Working papers 30666, University of Manchester, Institute for Development Policy and Management (IDPM).
    3. Amann, Edmund & Baer, Werner, 2005. "Neo-Liberalism and Market Concentration in Brazil: The Emergence of a Contradiction?," Centre on Regulation and Competition (CRC) Working papers 30658, University of Manchester, Institute for Development Policy and Management (IDPM).

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