1887

OECD Regulatory Policy Working Papers

This series gathers together OECD working papers on the tools, governance and institutions of better regulation and their impact on policy outcomes. It includes both technical and analytical material, prepared by staff and experts in the field. Together, the papers provide valuable context and background for OECD publications on regulatory policy and governance.

English

Promoting inclusive growth through better regulation

The role of regulatory impact assessment

Regulatory Impact Assessment (RIA) is a critical tool in the hands of governments to ensure that regulation achieves its objectives. Inclusive growth has become an important objective of the political agenda of OECD countries. This paper examines the potential contribution of RIA to better incorporating the inclusive growth perspective in regulatory decision-making. It does this by reviewing current RIA policies and guidance documents in a range of OECD countries, by reviewing the literature on the use of RIA to address social and environmental issues and by sampling a number of recent RIA from leading countries. Building on the available evidence, the paper proposes a number of principles and considerations for decision-makers to design appropriate systems and mechanisms for addressing inclusive growth in RIA.

English

Keywords: regulatory policy, evaluation, inclusive growth, better regulation, social welfare, regulatory impact assessment
JEL: K4: Law and Economics / Legal Procedure, the Legal System, and Illegal Behavior; I38: Health, Education, and Welfare / Welfare, Well-Being, and Poverty / Welfare, Well-Being, and Poverty: Government Programs; Provision and Effects of Welfare Programs; H11: Public Economics / Structure and Scope of Government / Structure, Scope, and Performance of Government; K2: Law and Economics / Regulation and Business Law
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