OECD Regulatory Policy Outlook 2018

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Laws and regulations govern the everyday life of businesses and citizens, and are important tools of public policy. Regulating has never been easy, but the overwhelming pace of technological change and unprecedented interconnectedness of economies has made it a daunting task. The 2018 Regulatory Policy Outlook, the second in the series, maps country efforts to improve regulatory quality in line with the 2012 OECD Recommendation on Regulatory Policy and Governance, and shares good regulatory practices. It provides unique insights into the organisation and institutional settings in countries for designing, enforcing and revising regulations. It also highlights areas of the regulatory cycle that receive too little attention from policy makers. Finally, it identifies areas where countries can invest to improve the quality of laws and regulations and presents innovative approaches to better regulation.

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Japan has made significant efforts to improve its regulatory environment. In 2017, the government has stressed its commitment to regulatory reform by introducing a Basic Program on Reducing Administrative Burden. The program is linked to Japan’s Revitalization Strategy (2016) and aims to introduce new frameworks, principles, and mechanisms for regulatory and institutional reform, with the view of achieving the program’s intended targets and objectives by 2019. Japan has also revised its Implementation Guidelines for Policy Evaluation of Regulations in 2017, which provides an update of the 2007 guidelines, and further elaborates on the information and criteria in relation to quantifying and qualifying impacts and costs, including the various techniques and processes that ministries can adopt under specific circumstances. The 2017 guidelines also clearly define the necessity of conducting ex post evaluations of regulations within the period of five years since its implementation.

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