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The debate on a market-based economy has now entered a new phase in Brazil, addressing the broader context of quality regulation and the reduction of regulatory risk. The improved macroeconomic situation and the progress made by the sectoral regulatory agencies have paid off, and there is also wider social participation in the improvement of the regulatory framework with a stronger consumer engagement. But Brazil still needs to further improve its capacities for regulatory quality and increase transparency and accountability in the system to reinforce regulatory performance. This review analyses the challenges of strengthening regulatory governance in Brazil to improve economic growth, with appropriate regulatory frameworks for core infrastructure sectors. Improved institutional capacities would also enhance support for regulatory policy across various government areas. Setting up an appropriate architecture for sectoral regulatory agencies and balancing autonomy with accountability will contribute to improved governance. Challenges include consolidating the autonomy and status of Brazilian regulatory authorities, reinforcing the strategic organisation for planning and decision making, increasing social accountability mechanisms, and improving co-ordination with competition authorities. Regulatory reform will help Brazil boost growth opportunities, and improve the quality and value of core services provided to its citizens. Brazil requested this broad review by the OECD of its regulatory practices and reforms. The review presents a general picture of the overall frameworks to assure high quality regulation with a special focus on four core infrastructure sectors: power, private health insurance, land transport and telecommunications.

Industrial policy --- Trade regulation --- Administrative agencies --- Politique industrielle --- Commerce --- Administration publique --- Réglementation --- Brazil --- Brésil --- Economic policy. --- Politique économique

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Foreign trade regulation --- International economic relations --- Commerce extérieur --- Relations économiques internationales --- Réglementation --- Commerce extérieur --- Relations économiques internationales --- Réglementation --- Commerce international --- Organisations internationales --- Droit économique et commerce international --- Incoterms --- Investissement international

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Commercial law --- Investments, Foreign --- Foreign trade regulation --- Taxation --- Corporation law --- Comparative law --- Droit commercial --- Investissements étrangers --- Commerce extérieur --- Droit fiscal --- Sociétés --- Droit comparé --- Law and legislation --- Law and legislation --- Droit --- Réglementation --- Droit

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United Nations law --- Commercial law --- World Trade Organization --- Foreign trade regulation. --- Dispute resolution (Law) --- International economic relations --- International trade --- Commerce extérieur --- Règlement de conflits --- Relations économiques internationales --- Commerce international --- Réglementation --- World Trade Organization. --- Commerce extérieur --- Règlement de conflits --- Relations économiques internationales --- Réglementation --- Recht van de Verenigde Naties --- Handelsrecht --- Wereldhandelsorganisatie

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Foreign trade regulation --- Commerce extérieur --- Réglementation --- Commerce extérieur --- Réglementation --- Commercial law --- Export and import controls --- Foreign trade control --- Import and export controls --- International trade --- International trade control --- International trade regulation --- Prohibited exports and imports --- Trade regulation --- Business --- Business law --- Commerce --- Law, Commercial --- Mercantile law --- Law --- Law merchant --- Maritime law --- Law and legislation --- Droit économique et commerce international --- INVESTISSEMENT INTERNATIONAL --- marchandises --- CONTRAT INTERNATIONAL --- ARBITRAGE INTERNATIONAL --- mouvements