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

José Luis Guasch and Benjamin Herzberg

Chapter Chapter 13 in Can Latin America Compete?, 2008, pp 253-269 from Palgrave Macmillan

Abstract: 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.

Keywords: Latin American Country; Regulatory Reform; Administrative Procedure; Investment Climate; Regulatory Burden (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-61047-7_14

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DOI: 10.1057/9780230610477_14

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