Assessment of the Regulatory Philosophy of Airports Economic Regulatory Authority of India

The report has a high quality and discusses the main issues of regulation. The overall aim is that it reflects best practice regulation. Furthermore, AERA is an independent regulator accountable to democratic bodies. Also in that respect the regula...

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Bibliographic Details
Main Authors: Forsyth, Peter, Niemeier, Hans-Martin
Format: Other Infrastructure Study
Language:English
en_US
Published: World Bank, Washington, DC 2013
Subjects:
AIR
CAR
HUB
Online Access:http://documents.worldbank.org/curated/en/2011/06/16422299/assessment-regulatory-philosophy-airports-economic-regulatory-authority-india-aera
http://hdl.handle.net/10986/12816
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Summary:The report has a high quality and discusses the main issues of regulation. The overall aim is that it reflects best practice regulation. Furthermore, AERA is an independent regulator accountable to democratic bodies. Also in that respect the regulatory institutions in India are well designed and superior to the majority of European countries which have dependent regulators open for regulatory capture.