Latin America

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Transparency and Accountability

Policy, Legal and Contractual Framework

Sector Organization and Institutions

Fiscal Design and Administration

Revenue Management and Distribution

Sustainable Development

Inter America Development Bank Resources relating to Transparency and Accountability:

 

1) Transparency in the Extractive Industries: Latin American examples

Ecuador:

This is an Inter America Development Bank  project (value of $444,700 US Dollars).

The project's purpose is to "provide resources for the development of transparency standards in the Ecuadorian hydrocarbon industry. Such standards will be built based on the consensus among Government, Public Enterprises, Private sector and civil society."

Latin America and the Caribbean as a whole, focus on Peru:

Please see the following analytical report (in Spanish), courtesy of Energy Welfare Training Ltd.

See also Brazil, 2000 ANP Directive re. Access to Information, uploaded document.

 

2) Latin American Energy Integration Anti-trust Issues and the Structure of Natural Gas Markets in Argentina

This is an Inter America Development Bank publication.

"This article, Natural Gas Market Structure in Argentina and Regional Energy Integration Antitrust Issues by Diego Bondorevsky and Diego Petrecolla, discusses to what extend the gas industry structures of Brazil and Argentina, controlled by a state-owned company and a private company, prevent an effective regional integration of gas markets. In order to move forward in developing these markets and speeding up investment in new transportation networks, the authors recommend three short-term measures. The first measure is to ensure that the divestment of assets that YPF pledged to carry out is indeed completed. The second measure is to guarantee that the natural gas production from Bolivia and Peru is not cornered or monopolized by large incumbent actors. The third step is for national and regional antitrust agencies to closely examine the impact of alliances between the dominant actors. Traditional competition tools, as those prohibiting anti-competitive agreements, or abusive exploitation of market power are required. However, appropriate regulations are crucial for ensuring that prices and access to essential facilities are nondiscriminatory and fair. The article is part of the set of publications included in the Competition Program.

Pietro Masci, Chief. Infrastructure and Financial Markets Division, Inter America Development Bank" (2001).





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