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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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Reader's guide

Most of the data presented in this Outlook, including the composite indicators, are the results of the 2014 Regulatory Indicators Survey. This survey gathers information as of 31 December 2014 from all 34 OECD member countries and the European Commission and focuses on their regulatory policy practices as described in the 2012 OECDRecommendation of the Council on Regulatory Policy and Governance. It investigates in detail three principles of the 2012 Recommendation: stakeholder engagement, Regulatory Impact Assessment (RIA) and ex post evaluation. For each of these areas, the survey has collected information on formal requirements and has gathered evidence on their implementation. The methodology of the survey and the composite indicators are described in detail in . This Reader’s guide aims to help readers understand the scope of the data provided in the Outlook and some of the limitations related to the use of indicators.

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