This chapter assesses recent regulatory reforms and considers the scope for future initiatives in this area. It begins with a look at the substance of product- and labourmarket regulation before turning to the questions of regulatory policy per se, particularly simplification and impact analysis. Both substance and process are important, since recent OECD and academic research suggests that less burdensome product- and labour-market regulation and better regulatory management systems are both associated with better performance in terms of output, employment and productivity. A final section looks at the contribution that e-government is making to these efforts and at the areas where the authorities could do more to use egovernment methods to enhance the business environment.