A Spanish national, Mr. Jose Luis Guasch is currently Senior Regional Advisor in the Latin America and Caribbean Region of the World Bank in Washington, DC responsible for the areas of competitiveness, regulation, infrastructure, innovation and technological development, and is also a Professor of Economics at the University of California, San Diego since 1980. He holds a Ph.D. in Economics from Stanford University, California. He has written extensively in leading economic Journals. Among his most recent books include: (i) Managing the Regulatory Process: Design, Concepts, Issues and the Latin America and Caribbean Story; (ii) The Challenge of Designing and Implementing Effective Regulation: A Normative Approach and an Empirical Evaluation; (iii) Labor Markets: The Unfinished Reform in Latin America and Caribbean; (iv) Closing the Gap in Education and Technology in Latin America ; and (v) Granting and Renegotiating Concessions: Doing it Right.