Sept. 15, 2020
Blog by Anna Pietikainen, Senior Policy Analyst, Regulatory Policy Division, Public Governance Directorate, OECD
Our consumption of essential services was profoundly transformed by the novel coronavirus pandemic. Internet and data traffic surged as many of us moved to work and learn online. Energy consumption slumped as offices closed and entire industries ground to a halt. Passenger transport collapsed, but crucial supply chains and trade still relied on freight transport services.
What lessons can we draw going forward?
1) Despite the immediate success of emergency measures, the why, how and what of these initiatives should not hidden inside the black box of crisis management.
2) The crisis hints at opportunities to continue improving the governance of sector regulation.
3) In an uncertain future, technical and objective regulatory activity by independent regulators remains an important pillar for the sustainable functioning of markets.
In full: https://oecdonthelevel.com/2020/09/15/regulation-of-essential-services-during-covid19/
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