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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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Recent trends in regulatory management practices

Whilst most countries have made some improvements to their regulatory management systems and practices over the last years, few have undertaken comprehensive reforms. In particular, ex post evaluation of regulations remains relatively undeveloped without consistent review methodologies. More needs to be done to ensure that OECD countries reach the agreed standards for their regulatory management practices – namely, the 2012 Recommendation of the Council on Regulatory Policy and Governance – in a timely manner. If further improvements are not forthcoming, economies will be slowed by unnecessary burdens, thereby threatening future prosperity. This chapter focuses on recent trends in three key elements of the 2012 Recommendation: the engagement with stakeholders and the use of evidence in the development and revision of regulations.

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