The governance of regulators in Latin America
Evidence from the 2018 Indicators on the governance of sector regulators
Using data from the 2018 OECD Indicators on the Governance of Sector Regulators, this
paper analyses the governance of economic regulators in seven Latin American economies
(Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico and Peru) and across five
critical network sectors (energy, e-communications, rail transport, air transport
and water). The indicators allow for direct comparison of thirty economic regulators
and provide a snapshot of the governance arrangements designed to preserve independence,
practices to promote accountability, and the functions of the regulators. After describing
key institutional characteristics of the regulators in the sample, the paper uses
the indicators to identify patterns in governance. Evidence from in-depth performance
reviews of regulators complements the indicators, shedding light on cost recovery
fees, budgetary processes, and the use of advisory bodies in Latin American regulators.
Published on December 17, 2020
In series:OECD Regulatory Policy Working Papersview more titles