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Regulatory Reform: Increasing Competitiveness through Regulatory and Investment Climate Improvements in Latin America; the Case of Mexico

In: Can Latin America Compete?

Author

Listed:
  • José Luis Guasch
  • Benjamin Herzberg

Abstract

The past two decades have witnessed two trends in regulation. First, there has been an unparalleled rise in new regulations related to health, safety, and the environment. Second, there has also been substantial economic deregulation of certain industries in some countries, including airlines, trucking, railroads, financial markets, energy, and telecommunications. More recently, and to complement the objectives of their far-reaching privatization programs, a third trend is in place in developing countries. They have begun to examine regulations, the investment climate, and administrative procedures that keep prices inefficiently high, deter entry, increase transaction costs, and so on; this is the focus of the present chapter.

Suggested Citation

  • José Luis Guasch & Benjamin Herzberg, 2008. "Regulatory Reform: Increasing Competitiveness through Regulatory and Investment Climate Improvements in Latin America; the Case of Mexico," Palgrave Macmillan Books, in: Jerry Haar & John Price (ed.), Can Latin America Compete?, chapter 0, pages 253-269, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-61047-7_14
    DOI: 10.1057/9780230610477_14
    as

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