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Abstract

Regulation of infrastructure services

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Reforms in infrastructure regulation have occurred as part of the transition process in central eastern Europe and the Baltic states, south-eastern Europe and the Commonwealth of Independent States. However, the experience of the transition countries in setting up modern regulatory regimes for utilities has been mixed. While the more advanced countries in the region have succeeded in constructing stable regulatory arrangements, many others have struggled to establish accountable and credible authorities. Where regulation is more effective, service delivery has generally improved.


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