Regulating infrastructure utilities can be extremely complex and fraught with risks of political interference and capture by interest groups, especially in countries with little tradition of politically independent government agencies. To deal with these challenges, policymakers and regulators...

The Central America Regional Electricity Market (MER) trades electricity and transmission capacity among six Central American countries: Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama. The market differs from other electricity markets worldwide because it has its own...

The Doing Business (DB) project measures the number of procedures, time and cost for a small and medium-size limited liability company to start up and formally operate. This DB 2014 report addresses issues such as minimum capital requirements, and the role of risk-based inspections in...