Supporting Regulatory Reforms in Southeast Asia
Regulatory reforms have long been a focus for Southeast Asian nations, often as a way to improve the business climate and policy frameworks for trade and investment. The recent COVID-19 pandemic has spurred countries around the world to review and update their regulatory policies to respond to the current crisis and prepare for the next one. This publication presents a snapshot of the current state of regulatory reform across the region, with country profiles from all 10 Member States of the Association of Southeast Asian Nations (ASEAN) highlighting practices in three priority areas: whole-of-government initiatives, good regulatory practices, and use of digital technologies. It also offers an analysis of common themes identified across the profiles, including trends in regulatory reform, common challenges faced by countries, and future priorities in the region. It was developed in collaboration with the members of the ASEAN-OECD Good Regulatory Practices Network, and key regional partners including the ASEAN Secretariat and the Economic Research Institute for ASEAN and East Asia (ERIA).
Overview of trends in regulatory reform
This chapter highlights the major trends, common challenges and future opportunities for regulatory reforms in Southeast Asia, and connects these trends with research and knowledge gathered in the OECD. The chapter attempts to capture the dynamic nature of the reforms by bringing the understanding of regulatory reform in ASEAN up to date, especially given the impact on regulation from the COVID-19 pandemic observed in OECD members. The analysis presented in this chapter is based on data collected from all 10 ASEAN Member States, which can be found in Chapter 2 of this report.
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