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OECD Regulatory Policy Outlook 2018

image of OECD Regulatory Policy Outlook 2018

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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Reader's guide

Most of the data presented in this Outlook, including the composite indicators, are the results of the 2014 and 2017 Regulatory Indicators Surveys. This Reader’s guide aims to help readers understand the scope of the data collected through these surveys and some of the limitations related to the use of indicators. Please note that this edition of the Outlook also features results of new survey questions on the institutional setup of regulatory policy and oversight. These questions serve a ‘mapping exercise’ to help illustrate the breadth and diversity of regulatory oversight across all jurisdictions covered. These questions have not been used to develop composite indicators and have a different scope than the other questions in the Regulatory Indicators Survey. Details on these survey questions are described in Chapter 3.

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