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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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Ex post evaluation of regulations: Korean practices and challenges

This chapter looks at some of the issues related to the design and implementation of ex post evaluation in Korea. A practical problem faced by any government is to identify the regulations that need to be reviewed. One approach is through regulatory planning. Sunset clauses can also be used as an automatic, in-built trigger for evaluation. Equally important is the institutional ecosystem where ex post evaluation is carried out (in part reflected in the centralisation-decentralisation tension highlighted above). Regulatory oversight can help improve quality and efficiency of ex post evaluations, by, for example, coordinating different evaluation mechanisms and actors. Stakeholders may assist the regulators to search for better alternatives and analyse the impacts of regulatory changes.

English

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