| Resource type | Replay |
| Publication year | 2020 |
24 novembre 2020
The “raison d’être” of regulators is to articulate public policies with economic efficiency, while dealing with markets failures. Because they have to balance various stakeholders’ interests and to manage the long-term collective welfare, they have to be immune from undue influence by policy makers, large operators, or interest groups. Their independence should however be balanced by accountability. Regulatory agencies operations have to be assessed both to make sure that policies are actually implemented (effectiveness), and that their action results into desirable outcomes for the society and the economy.
