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).
Executive summary
A commitment to better regulation has been central to Southeast Asia’s strong economic performance. At the regional level, the Association for Southeast Asian Nations (ASEAN) includes regulatory reforms as part of several high-level strategies to promote regional economic integration. These strategies guide ASEAN Member States in their efforts to support public governance reforms, including using regulation to create sustainable conditions for business while protecting citizens, society, and the environment.
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