REGULAÇÃO ECONÔMICA COMO POLÍTICA DE ESTADO E O CASO DA AGEMS EM 2025

Abstract

The study addressed the importance of economic regulation as an instrument of state action in the face of the structural and institutional transformations that have shaped the economy in recent decades. The research was based on the understanding that, even in a context of liberalization, the presence of the State remained essential to ensure market stability and protect the public interest. The general objective was to understand economic regulation as a state policy by analyzing its theoretical and practical foundations through the case study of the State Regulatory Agency of Mato Grosso do Sul (AGEMS). The adopted methodology was qualitative and exploratory, based on bibliographic review and analysis of official documents such as legislation, contracts, and institutional reports. The theoretical framework gathered contributions from different schools of economic thought on state intervention, as well as from Regulation Theory, which helped to explain the changes in the State’s role and the coordination mechanisms that sustain development. The results showed that regulation, by replacing direct productive intervention, became a means of balancing public and private interests while ensuring efficiency, predictability, and quality in the provision of essential services. It was concluded that economic regulation represents a permanent function of the modern State, indispensable for promoting development and strengthening institutions.