Supranational Infrastructure Regulation: Institutional Opportunities and Challenges

ECARES Working Paper 2012-025

22 Pages Posted: 9 Sep 2015

See all articles by Antonio Estache

Antonio Estache

Université Libre de Bruxelles (ULB) - European Center for Advanced Research in Economics and Statistics (ECARES)

Liam Wren-Lewis

Paris School of Economics (PSE)

Date Written: 2012

Abstract

As regions around the world are considering increased integration of key energy, transport or other infrastructure networks, issues build in the design of the supranational national regulation needed in that context are increasingly well recognized. Solutions are however slow to emerge. This paper reviews the challenges and discusses the directions suggested by theory to address these challenges. It highlight the potentially counterproductive effects of common standard policy recommendations discussed at the political level. The paper also identifies key research areas as the review of match between theory and evidence suggest that we still have to address significant gaps in our collective understanding of the impediments to desirable integration efforts.

Suggested Citation

Estache, Antonio and Wren-Lewis, Liam, Supranational Infrastructure Regulation: Institutional Opportunities and Challenges (2012). ECARES Working Paper 2012-025, Available at SSRN: https://ssrn.com/abstract=2657145 or http://dx.doi.org/10.2139/ssrn.2657145

Antonio Estache

Université Libre de Bruxelles (ULB) - European Center for Advanced Research in Economics and Statistics (ECARES) ( email )

Ave. Franklin D Roosevelt, 50 - C.P. 114
Brussels, B-1050
Belgium
32 (0)2 6503838 (Phone)

Liam Wren-Lewis (Contact Author)

Paris School of Economics (PSE) ( email )

48 Boulevard Jourdan
Paris, 75014 75014
France

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