Regulation of network industries: between flexibility and stability

Alexandre Ditzel Faraco () and Diogo R. Coutinho ()

Brazilian Journal of Political Economy, 2007, vol. 27, issue 2, 261-280

Abstract: This paper explores the problems of an unstable regulatory regime in network industries and addresses the tension between the necessary flexibility in the long-term regulatory commitment and the need for institutional stability. A draft statute that substantively changes the initial terms under which fixed telecommunications services have been transferred to private companies - currently under discussion in the Brazilian Congress - is presented as an example of that tension. Some alternative proposals to tackle with universal service challenges - the underlying problem behind the mentioned draft statute - are presented in the end. JEL Classification: L5, L9, K2, K4.

Keywords: regulation; regulatory commitment; network industries; telecommunications (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:ekm:repojs:v:27:y:2007:i:2:p:261-280:id:565

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