This chapter compares the experiences of the United States, United Kingdom, New Zealand, Chile, and Australia in an attempt to draw some lessons on how to design and balance the relative importance of the different components of the regulatory framework in order to ensure that the seven objectives are met to the greatest possible extent. Specific countries' circumstances determine to some extent the way in which different components of the regulatory framework should be designed and balanced. The objective of this chapter is to discuss what works best in specific circumstances.
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