Keywords: critical infrastructures, strategic behaviour, regulation, transparency, process management, next generation infrastructures
New dilemmas in regulating critical infrastructures
Regulation, as it was introduced to round off the great institutional changes in the critical infrastructures, has failed to fully curb strategic behaviour in these sectors. This is one of the reasons for the somewhat disappointing performance of these sectors. Regulation in its present shape is based on the mantra: independent, rule guided and transparent. This paper sets out how these principles might be reshaped, allowing strategic behaviour to be tackled more successfully.