OECD Regulatory Policy Outlook 2021
Laws and regulations govern the everyday life of businesses and citizens, and are essential tools of public policy. The COVID-19 pandemic has highlighted the crucial role regulation plays in the economy and society, but has also exposed gaps in domestic and international rule-making that have cost lives and money. The 2021 Regulatory Policy Outlook, the third 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 that can help close the gaps. It provides unique insights into how countries approach the design, enforcement and revision of regulations, and suggests where countries can best focus their efforts to ensure that laws and regulations work as intended. Finally, it discusses some agile and innovative approaches to rule making such as regulatory sandboxes, behavioural insights, and outcome-based, data-driven and risk-based regulation.
Reader’s guide
Most of the data presented in this Outlook, including the composite indicators, are the results of the 2014, 2017 and 2021 Regulatory Indicator 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 that were designed in conjunction with the Measuring Regulatory Performance (MRP) Steering Group on ex post evaluation, reflecting the developed normative thinking from the recently published Best Practice Principles (OECD, 2020[1]). The Secretariat updated the ex post evaluation composite indicator prior to the launch of the survey in 2020. In order to maintain an accurate time series, a limited number of answers from 2014 and 2017 relating to new questions needed to be completed that formed part of the composite indicator for ex post evaluation. Questions relating to reviewing the legality of regulations were also revised.
Also available in: French
- Click to access:
-
Click to download PDF - 412.12KBPDF