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OECD Regulatory Policy Outlook 2015

image of OECD Regulatory Policy Outlook 2015

Regulations are the rules that govern the everyday life of businesses and citizens. They are an essential instrument in the hands of government to promote economic growth, social welfare and environmental protection. However, regulations can also be costly and ineffective in achieving their objectives. The Regulatory Policy Outlook is the first evidence-based analysis of the progress made by countries to improve the way they regulate. Based on a unique survey filled by all OECD countries and the European Commission, the Outlook assesses progress in establishing the conditions for good regulation. It provides unique insights into the organisation and institutional settings in countries to design, enforce and revise regulations. It uncovers the areas of the regulatory cycle that receive too limited attention from policy makers, and identifies actors who have an important part to play to improve the way regulations are developed, implemented and evaluated. It reviews the use of three critical tools of regulatory policy (Regulatory Impact Assessment, stakeholder engagement and ex post evaluation) and proposes options to use them in a more strategic manner to inform the development and delivery of regulations.

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Global trends in regulatory policy: Evidence from new OECD survey data

According to the Regulatory Indicators Survey, a unique survey completed by all OECD members, most OECD countries have established the conditions for regulatory quality. They have generally committed at the highest political level to an explicit whole-of-government policy for regulatory quality. In most countries, conducting Regulatory Impact Assessment and stakeholder engagement has become a formal requirement in the development of new regulatory proposals by the executive. However, situations continue to differ significantly across countries. This chapter documents the adoption across OECD members of a whole-of-government approach to regulatory policy, the uptake in the use of regulatory policy tools and the important diversity in the institutional setting for regulatory policy.

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