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Regulatory Policy in Colombia

Going beyond Administrative Simplification

image of Regulatory Policy in Colombia

Prudent macroeconomic management and recent structural reforms have helped Colombia weather the recent financial crisis remarkably well.  The Government of Colombia has placed particular emphasis on simplifying formalities affecting business and citizens.  In addition, a number of initiatives have been launched to make the administration more transparent and accountable vis-à-vis citizens.

However, after several years in place, this approach needs to be re-shaped , in order to go deeper into the legal background of regulations.  Colombia still lacks a whole-of-government policy for regulatory quality and needs to rethink the institutional set up to implement different regulatory tools in a coherent manner.  It also requires the adoption of a systemic approach to challenge the reasons for and the logic behind formalities (trámites) and, most importantly, regulations.  Furthermore, as in many other countries, the development and application of a comprehensive regulatory governance approach for sub-national governments and multi-level co-ordination are pending issues.

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The management and rationalisation of existing regulations in Colombia

Chapter 6 describes the management and rationalisation practices that the Government of Colombia applies on existing regulations, particularly a centralised registry for formalities and services and different simplification initiatives to streamline specific economic processes, such as the Business Support Centres, the one-stop shops for property registration and foreign trade, Competitive Regulation, and the Group on rationalisation and automatisation of formalities. It also explains the need for a baseline measurement of administrative burdens and the use of other simplification tools, such as the silence is consent rule. Finally, it provides recommendations to improve the management of the regulatory stock and focus current simplification initiatives.

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