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INFRASTRUCTURE REGULATION SERIES
How You Will
Benefit:
- Understand the goals of regulation to promote
efficiency, cost-recovery, and sustainability
- Learn the legal, financial, and technical tools to
effective regulation
- Learn the key regulatory practices that promote service
while ensuring affordability
- Participate in online group discussions with
participants and experts from around the globe on the benefits, methods, and
strategies of regulation
- Take this valuable and pioneering "Introductory
Regulation" course right from your home or business, on your schedule and at
your pace
- Develop an Action Plan on how you will use the
knowledge to improve your job skills, help your organization and enhance your
value in the marketplace
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| Who Should Attend |
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Government, regulatory
authorities, utility, private sector, university, donor, and nonprofit/NGO
mangers/professionals who have:
- Limited or little experience in regulatory
concepts, themes, and methods
- Computer/typing skills and with reliable
Internet connectivity (45K modem or higher)
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Course
Learning Objectives
As countries
around the world make the transformation from centrally planned or mixed
economies to market-based economies, no greater challenge exists than the
development and implementation of effective regulations to manage and govern
the market economy. This is especially important in the critical sectors of
infrastructure services, public utilities and other forms of monopolies where
market structures lack competition or are not fully developed.
IP3's introductory course titled
Fundamentals of Regulation (which will be conducted in an
online environment) provides the opportunity to train hundreds of
participants on the fundamental concepts, tools, techniques, and models of
regulation of utilities and monopolies. The course contains six modules, with
each module conducted over a one week period of time. Participants will be
responsible for completing reading assignments, analyzing case studies,
actively participating in discussion boards and chat rooms with fellow
participants and the course instructor, and completing an action plan.
Participants will need access to a computer with Internet connectivity. Course
work is approximately 5 - 6 hours per module.
As a result of the course, participants will have an
introductory understanding of the fundamentals of effective regulation
and their implications for regulators, regulated industries, and consumers. The
target audience is professionals who have had limited or little exposure to
regulation and are seeking to develop a greater understanding and skill in the
use of this powerful economic development and management tool.
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| Course Content |
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Module I:
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Rationale for Regulation
- Understanding monopoly behavior and firm
incentives
- Costs and benefits of regulation in a transitional
economy
- Understanding market structure and competition
policy
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| Module
II: |
Objectives of Regulation
- Using regulation to ensure access and
affordability
- Using regulation to promote efficiency,
cost-recovery, and sustainability
- Applying regulation as a substitute for
competition
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| Module
III: |
The Legal Framework for
Regulation
- Enabling legislation: forms and methods
- The role of ministries, agencies, and operators
- Understanding legal, financial, technical, and
consumer affairs reporting requirements
- Maintaining regulatory independence and
implications of non-independence
- Institutional regulation and regulation by
contract
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| Module
IV: |
Institutionalizing Regulation
through Authorities and Commissions
- Rationale for independent regulatory authorities
- Financing strategies to ensure independence
- Institutional design options: Single-sector vs.
multi-sector regulatory authorities
- Organizational design options: Functional vs.
Sectoral
- Selection, approval and independence of Directors,
Commissioners, Board of Directors, and Staff
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| Module
V: |
Regulating Public and Private
Operators
- Fundamentals of financial and technical
sustainability for public and private utilities
- Forms of Regulating Tariffs: price-cap vs.
rate-of-return
- Regulating technical and environmental quality
- Issuing licenses: Contract compliance and
enforcement
- Performance standards and monitoring
- Dispute resolution strategies: Global
cases
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| Module
VI: |
Special Issues in Regulation
- Maintaining affordability
- Public education and participation in rate
regulation
- Promoting environmental protection through tariff
setting
- Negotiation and renegotiation issues: The
trade-offs
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| All
Modules: |
Step by Step Action Planning in
All Six Modules
Prior to completing each module, IP3 requires
participants to complete an Action Plan detailing how they will apply
their new knowledge and skills on-the-job. Our expert faculty members guide
participants in developing their action plans throughout the course, and in
each module participants will present their action plan to the group for peer
review and comments. |
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CEU Certification
Eligibility
Certified
Regulation Specialist™
Certified
Utility Management Specialist™ |
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