Publication: Assessment of the Regulatory Philosophy of Airports Economic Regulatory Authority of India
The report has a high quality and discusses the main issues of regulation. The overall aim is that it reflects best practice regulation. Furthermore, AERA is an independent regulator accountable to democratic bodies. Also in that respect the regulatory institutions in India are well designed and superior to the majority of European countries which have dependent regulators open for regulatory capture.
“Forsyth, Peter; Niemeier, Hans-Martin. 2011. Assessment of the Regulatory Philosophy of Airports Economic Regulatory Authority of India. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/c63d12d0-34d8-5dc3-8674-1f1e94d53e66 License: CC BY 3.0 IGO.”