Economic regulators fulfill a critical function in the economy including with regard to infrastructure, pricing, access and provision. These entities are thus central to the nature and pace of economic growth. The 2nd South African Economic Regulators Conference (SAERC) was intended to contribute to the improvement of economic regulators and their work.
The 2nd SAERC was hosted by the Centre for Competition, Regulation and Economic Development (CCRED) in partnership with the National Energy Regulator of South Africa (NERSA) on 18 and 19 March 2014 in Johannesburg, South Africa. This followed the success of the first SAERC hosted by NERSA in 2012. The purpose of the 2nd SAERC was to establish and advance an intellectual discourse in economic regulation and share knowledge and best practice among economic regulators. The conference provided an opportunity for dialogue between practitioners in economic regulation, researchers, policy-makers and other stakeholders around economic regulation issues.
A total of 35 papers were presented by practitioners, academics and consultants covering issues such as regulation and investment in infrastructure; regulation of prices and measuring return on capital; structural changes, unbundling and review of regulatory frameworks; operation of regulators; competition policy and sector development; and the impact of regulation and competition. CCRED researchers and associates contributed 10 of the 35 papers. Mr. Francisco Salazar of the Ibero-American Energy Regulators Association and Dr Edmund Amann of Manchester University, the guest speakers, shared lessons for developing economies on infrastructure, regulation and development from Mexico and Brazil, respectively.
In pursuit of CCRED’s commitment to record, publish and disseminate the content for wider accessibility the conference proceedings will be published electronically and selected papers will be published in journals.
Papers presented at the conference will be published shortly.