"The authors review a number of studies on the effectiveness of utility regulatory agency and governance arrangements for the electricity industry, particularly for developing countries. They discuss governance criteria and their measurement, both legal frameworks and surveys of regulatory...

"The authors assess for 28 developing countries over the period 1980-2001 whether the existence of a regulatory law and higher quality regulatory governance are significantly associated with superior electricity outcomes. Their analysis draws on theoretical and empirical work on the impact of...

As developing countries build up their capacity to regulate privatized infrastructure monopolies, cost models are likely to prove increasingly important in determining the efficient cost of providing a service to a certain area or type of customer. But cost models require reliable information,...