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Improving Regulatory Governance

Trends, Practices and the Way Forward

image of Improving Regulatory Governance

Regulations help governments support economic growth, social welfare and environmental protection. The challenge is to design clear, coherent, and efficient regulations and to effectively implement them. This report presents cutting-edge thinking in how to facilitate good regulatory design and implementation. Jointly developed by the OECD and the Korea Development Institute, the report builds on a series of expert papers that analyse the experience of Korea and other OECD members in designing and implementing regulatory oversight, stakeholder engagement, regulatory impact assessment and ex post evaluation. It identifies forthcoming challenges, possible solutions and areas for further analysis that can help governments in OECD member and partner countries improve their regulatory systems.

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Broad stakeholder engagement in policy making

This chapter zooms in on the possibilities offered by broad stakeholder engagement in the problem-solving stage of policy-making, particularly drawing on the insights from the experience of Korea. It looks at the implications that the various forms of engagement have on the policy-makers and the civil service. As Korea’s regulatory reform Sinmungo shows, crowd sorucing and open policymaking can provide useful information, that may have been overlooked by government officials, and even lead to practical solutions to various challenges in policymaking. Although information collected through crowed sourcing may be idiosyncratic and uneven in quality, especially in the early phases of implementation, the quality of information is likely to improve over time with the learnings from accumulated experience.

English

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