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Regulatory Impact Analysis

A Tool for Policy Coherence

image of Regulatory Impact Analysis

Regulatory impact analysis (RIA) is a systemic approach to critically assessing the positive and negative effects of proposed and existing regulations and non-regulatory alternatives. This publication brings together recent OECD research and analysis concerning methodological issues and country experiences with RIA. The collected papers cover a number of challenges to the effectiveness of RIA including: systemic factors which influence the quality of RIA; methodological frameworks that can assist RIA to improve regulation; guidance on using RIA to avoid unnecessary regulation of competitive markets; and a review of the use of RIA in the regulation of corporate governance across a number of OECD countries. Taken together, this publication provides valuable, practical guidance on how to improve the performance of RIA systems to promote economic welfare through better quality regulation.  

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Determinants of Quality in Regulatory Impact Analysis

Chapter 2 examines the important factors likely to be influential in determining the quality of regulatory impact analysis and discusses their application in OECD countries. These factors are: the design of RIA processes and methodologies; the level of formal authority and political support for the process; and the incorporation of specific quality assurance mechanisms. This chapter examines the experiences of OECD countries and considers ways of improving the overall quality of RIA.

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