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.



Regulatory oversight and incentive mechanism in Korea

This chapter provides an overview of the oversight roles and functions within the central government in Korea. It highlights the importance of establishing regulatory governance structures that cover both legislative and executive branches and the need to build capacity and cultural change within Ministries and departments (and not only at the centre of government),in addition to systemising crowd sourcing and private-public consultation for the enhanced quality of collected information and facilitating the development of regulatory measures.


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