This is particularly important in the developing world. Moving to new, fourth-generation regulation, how do regulators balance transparency and public consultation with a complex array of public-private collaborations, industry self-regulation and new types of partnerships? How should regulators balance their own pressures for efficiency, austerity and cost savings with their expanded, fourth-generation role to oversee converging industries and consumer protection? How should regulators cooperate and collaborate, both within and among national governments, in an increasingly global market?