Imrecon

Imrecon's work is founded on the principle that good policy advice is based on integrated analysis. 

This is because changing one component of a regime can often alter how the others work.  But achieving regulatory objectives is also affected by 'soft' factors such as how policy is communicated and accepted and how it plays to the strategic interests of the parties it is intended to influence.   Imrecon's analytical tools and modelling methodologies are developed from this principle and the insights gained from working on regime design since the early 1990s: designing regimes for newly commercialised or privatized sectors, formulating options for regime reform and advising on incremental change.

Imrecon's tools

Economic regulation operates in, and must interact with complex market, political and governance environments.  The structure of economic incentives is a necessary foundation for good incentive policy, but decision makers in regulated sectors seldom make decisions according to the idealised modelling or rationalising assumptions adopted by a regulator.  Good policy-making recognises that regulation seeks to align the culture of business decisions and this requires an emphasis on communication, understanding and wide acceptance.

Imrecon's analytical tools provide both the diagnostic power to inform design and the framework to consider broader aspects of the policy environment.