Institutional “tetris” in infrastructure regulation: harmonizing governance, regulation and policy-making in the transport sector

The paper “Institutional “tetris” in infrastructure regulation: harmonizing governance, regulation and policy-making in the transport sector” (Cruz, C., Sarmento, J.) will be presented at the 5th Conference on the Regulation of Infrastructures (24 June 2016).


ABSTRACT

The role of regulation in infrastructure development has changed significantly over time. Changes have been carried out at different levels: institutional (changing entities), regulatory model (contractual regulation gaining momentum), and contractual changes. This paper looks at the recent evolution in the Portuguese case for the regulatory institutional arrangement and models developed, in the rail, road, maritime, urban transport and airport sectors. Although there was a clarification of the role of the public and private sector over time, and the political acknowledgement of the importance of a stable and effective regulatory framework, there has been an unstable institutional scenario. Furthermore, the role of the regulators in Portugal is extremely limited, given the predominance of the contractual regulatory model, which thus decreases the level of flexibility needed to cope with the challenging adaptations driven by technology.


ABOUT THE AUTHOR

Joaquim José Miranda Sarmento is Assistant Professor in Finance (Ph.D in Finance) Management Department ISEG – Economics and Business School Technical University of Lisbon

More about the author: www.iseg.ulisboa.pt/aquila/homepage/jsarmento 


DOWNLOAD

Presentation given by Joaquim José Miranda Sarmento


 


More on Transport

Ask the Commission: FSR Transport launches new Event Series
Ask the Commission: FSR Transport launches new Event Series

On 7th October 2021, the Transport Area of the Florence School of Regulation kicked off its new series of events,…

Smart Almaty City
Smart Almaty City

Almaty is the largest metropolis, scientific and educational, cultural and historical, economic and financial, banking and industrial center of Kazakhstan.…

Greening freight transport: policy based on data, but policy!
Greening freight transport: policy based on data, but policy!

This article by Thierry Vanelslander, Professor at University of Antwerp, originally appeared in the European Transport Regulation Observer ‘Greening European…

Join our community

To meet, discuss and learn in the channel that suits you best.

scroll

top