This FSR talk aims at discussing the purposes, standards, and effects of OECD reports that have assessed energy regulatory agencies in Latin America based on the OECD Performance Assessment Framework for Economic Regulators.
What is the purpose of the OECD reports? What are the indicators used by the assessment? What are the effects of these reports on the governance of agencies so far?
When they are created, regulatory agencies are legally entrusted with a specific mission, inserted into a pre-existing, albeit dynamic, institutional setup. Therefore, what they are expected to deliver, as well as the social and institutional context where they will interact and deliver, is known. For optimal regulatory delivery, the governance of regulators is crucial to ensure that regulatory decisions are made on an objective, impartial and consistent basis.
The OECD has developed and released a series of reports assessing the governance of energy regulatory authorities worldwide. These reports apply the OECD Performance Assessment Framework for Economic Regulators to evaluate internal and external governance agencies. The review discusses achievements and good practices, analyses the key drivers of its performance, and proposes an integrated reform package to help the regulator prepare for the future. This is the reason why the OECD reports have gained attention and relevance among the regulatory authorities.
This FSR Talk is hosting the OECD Policy Analyst, Anna Pietikainen, to discuss with our FSR experts three OECD reports on Latin America: Peru (2019) and Mexico (2017), and Brazil (to be published in October 2021). What is the purpose of the OECD reports? What are the indicators used by the assessment? What has been the effects of these reports on the governance of agencies so far?
Anna Pietikainen – OECD
Jorge Vasconcelos – FSR
Lucila de Almeida – FSR
Jean-Michel Glachant – Director FSR
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