Regulatory sandboxes in developing economies: an innovative governance approach

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cepal.bibLevelDocumento Completo
cepal.callNumberLC/TS.2024/59
cepal.divisionEngProduction, Productivity and Management Division
cepal.divisionSpaDivisión de Desarrollo Productivo y Empresarial
cepal.docTypeDocumentos de proyectos e investigación
cepal.jobNumberS2400802_en
cepal.projectProject “Digital Transformation for Regional Integration"
cepal.regionalOfficeSantiago
cepal.topicEngINNOVATION, SCIENCE AND TECHNOLOGY
cepal.topicSpaINNOVACIÓN, CIENCIA Y TECNOLOGÍA
cepal.workareaEngPRODUCTION, PRODUCTIVITY AND MANAGEMENT
cepal.workareaSpaDESARROLLO PRODUCTIVO Y EMPRESARIAL
dc.contributor.authorGuio, Armando
dc.contributor.institutionGerman Agency for International Cooperation
dc.coverage.spatialEngLATIN AMERICA AND THE CARIBBEAN
dc.coverage.spatialEngBERMUDA
dc.coverage.spatialEngBRAZIL
dc.coverage.spatialEngCOLOMBIA
dc.coverage.spatialEngKENYA
dc.coverage.spatialEngMALAYSIA
dc.coverage.spatialSpaAMERICA LATINA Y EL CARIBE
dc.coverage.spatialSpaBERMUDAS
dc.coverage.spatialSpaBRASIL
dc.coverage.spatialSpaKENYA
dc.coverage.spatialSpaMALASIA
dc.date.accessioned2024-07-19T13:38:39Z
dc.date.available2024-07-19T13:38:39Z
dc.date.issued2024-07-19
dc.description.abstractThe report examines the development and impact of regulatory sandboxes in low- and middle-income countries. With a focus on understanding the viability and effectiveness of these innovative spaces, it provides a comprehensive analysis aimed at policymakers, international organizations and national authorities considering regulatory sandboxes for new sectors and technologies. Key insights include the emergence of regulatory sandboxes as vital tools for grappling with disruptive technologies, such as artificial intelligence, 5G and cryptocurrencies. Originally popularized by financial authorities in high-income countries, the adoption of sandboxes has expanded, prompting an investigation into their tangible benefits across various economies. The report highlights the need for a meticulous assessment of the readiness and potential impact of sandboxes and introduces the Regulatory Sandbox Maturity Assessment (RESMA) tool, which is designed to evaluate a country’s preparedness for such initiatives. Through case studies and interviews with public officials, the report emphasizes the importance of a clear policy framework, interdisciplinary teams and sustained efforts to ensure the success and impact of regulatory sandboxes. Furthermore, it stresses the significance of strategic partnerships and collaborative implementation to enhance the efficacy of these spaces for regulatory experimentation.
dc.description.tableOfContentsIntroduction .-- I. Methodology and selection of countries. A. Bermuda. B. Brazil. C. Colombia. D. Kenya. E. Malaysia .-- II. Conceptual framework and research areas .-- III. Main lessons learned and evidence collected .-- IV. Assessing readiness to develop sandboxes: the RESMA tool .-- V. Conclusion and opportunities for impact.
dc.formatTexto
dc.format.extent47 pages.
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/TS.2024/59
dc.identifier.urihttps://hdl.handle.net/11362/80496
dc.language.isoeng
dc.publisherECLAC
dc.publisher.placeSantiago
dc.relation.isPartOfSeriesDocumentos de Proyectos
dc.subject.unbisEngTECHNOLOGICAL INNOVATIONS
dc.subject.unbisEngGOVERNANCE
dc.subject.unbisEngSCIENCE AND TECHNOLOGY
dc.subject.unbisEngNEW TECHNOLOGIES
dc.subject.unbisEngRULES AND REGULATIONS
dc.subject.unbisEngRULES AND REGULATIONS
dc.subject.unbisSpaINNOVACIONES TECNOLOGICAS
dc.subject.unbisSpaGOBERNABILIDAD
dc.subject.unbisSpaCIENCIA Y TECNOLOGIA
dc.subject.unbisSpaNUEVAS TECNOLOGIAS
dc.subject.unbisSpaREGLAS Y NORMAS
dc.subject.unbisSpaPAISES EN DESARROLLO
dc.subject.unbisSpaCOLOMBIA
dc.titleRegulatory sandboxes in developing economies: an innovative governance approach
dc.type.coarlibro
dc.usergrouppubweb
dspace.entity.typePublication
relation.isAuthorOfPublicationb4c4cc5c-e181-4138-9b7d-be3bf3e6d69c
relation.isAuthorOfPublication.latestForDiscoveryb4c4cc5c-e181-4138-9b7d-be3bf3e6d69c
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