The impact of regulation on the economic performance of regulated sectors depends crucially on the appropriateness of the design of the regulatory agencies' structure and process, that is, on regulatory governance. Governance refers not to the policies that emerge from regulation, but rather to...

This paper analyzes the proposal of the new Lula government for changing the Brazilian regulatory system and the case of ANATEL in particular. The proposal is described and analyzed regarding its probable effects on the functioning of the regulatory process. These effects are analyzed using a...