The 8th SAFIR Core Course on Infrastructure Regulation was successfully completed at the Mahaweli Reach Hotel in Kandy, Sri Lanka, April 1-8, 2007. The residential program offered participants the opportunity to learn the fundamentals of regulations pertaining to infrastructure industries and regulatory economics as well as topical issues attendant to those industries, to share their experiences and to develop practical solutions to regional problems.
A total of thirty six participants represented countries from Bhutan, India, Pakistan and Sri Lanka. Twenty one speakers from Argentina, the United Kingdom, India, Pakistan, South Africa and Sri Lanka were invited, including the Deputy Governor of the Reserve Bank of India, Dr. Rakesh Mohan (as inaugural speaker).
To increase the cohesiveness of the content, the Course was designed around 4 Thematic
Modules designed to provide a thorough grounding on issues related to overall
1. Reform and Competition in Infrastructure Sectors
This module reviewed almost two decades of international experience of restructuring
infrastructure sectors. Aspects of private participation, commercialization, and
liberalization of infrastructure and their impact on sector performance were analyzed.
Emphasis was placed on the institutional dimension of reform in South Asia, where participants exchanged their experience in this regard.
2. Price and Financial Aspects of Regulation
Starting with an in depth examination of the financial analysis underpinning price
regulation, the module covered important issues such as the treatment of depreciation, asset valuation and the cost of capital. A particular focus was on the technical aspects of a price review. The Price Control Case Study, successfully used in previous SAFIR
courses was used again, to provide hands-on experience to participants.
3. The Regulator’s Performance and Legitimacy
How does a regulator measure its own success? How does it build legitimacy in the eyes
of the stakeholders and how should the regulator handle or manage its relationships,
expectations and perceptions with regards to stakeholders, including the media. What
indicators should it be monitoring and influencing to achieve its aims? The module
included a hands-on assignment, similar to a case study that gave
participants experience in playing the multiple roles a regulator needs to play in today’s
4. Other Topics in Infrastructure Regulation
This module included several topics that are important in the regulatory context, such
as issues related to universal service policy/obligation, approach to the implementation
of quality of service standards and experience of using small scale and decentralized
service providers as a solution to the infrastructure gap between urban and rural areas.
Detailed information on course content available here .