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Improving Regulatory Governance

Trends, Practices and the Way Forward

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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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Improving regulatory oversight

This chapter presents some general considerations on the role and functions of oversight in different institutional and constitutional settings across OECD countries. The cross-country and cross-institutional analysis finds some evidence of a trend towards establishing control-driven oversight bodies at the centre of government in presidential regimes, while equivalent oversight bodies on parliamentary regimes would rather tend to put emphasis on catalysing efforts to enhance regulatory policy. Nevertheless, the analysis also stresses the importance of accounting for the specific context and constellation of actors. Regulatory oversight bodies can deliver if they are embedded in the wider regulatory policy environment. They are institutionalised if they are able to shape the way in which all relevant actors involved in regulatory policy 1) understand their role; 2) perceive the problems; and 3) engage and operate towards solving them. The analysis also brings home the importance of understanding the match between the demand side (what the actors expect as a change in the regulatory policy, or through regulatory policy) and the supply side (what a regulatory oversight body can deliver, and how, in order to constitute an actual added value). This is likely to be the deciding factor in the choice of the oversight body’s features – location, mandate, and powers.

English

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