Tools and Approaches to Review Existing Regulations
This paper looks at the existing tools and approaches most commonly used in developed and developing countries to review the stock of regulations. The tools reviewed can generate benefits in the short term, but they are most effective as part of a...
| Main Authors: | , , |
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| Format: | Report |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2017
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/201401468162836701/Better-regulation-for-growth-governance-frameworks-and-tools-for-effective-regulatory-reform-tools-and-approaches-to-review-existing-regulations http://hdl.handle.net/10986/27876 |
| Summary: | This paper looks at the existing tools
and approaches most commonly used in developed and
developing countries to review the stock of regulations. The
tools reviewed can generate benefits in the short term, but
they are most effective as part of a longer-term sustained
initiative. This paper has a particular focus on the
challenges that arise from their use in emerging and
developing countries. The objectives of this paper include:
1) explaining the rationale for the use of these tools and
approaches; 2) discussing each one of them in a succinct
way; 3) considering the extent to which these tools can
support more systemic regulatory reforms in the medium and
long terms; and 4) considering the particular challenges and
opportunities regarding their use in developing and emerging
economies. Section one is a brief description of the
rationale and context for applying tools and approaches to
review the stock of regulation. It includes a reference to
benefits and preconditions to make use of these tools. It
also presents a categorization of the most commonly used
tools and a comparative table on the way these tools can be
applied. Section two presents a description of each of the
different tools and approaches available, and discusses the
way they are used and their main components. It includes
references to international experiences in which these tools
have been integrated into the regulatory reform process.
Section three presents preliminary commentary about some of
the potential advantages, disadvantages, and impacts of
using these tools and approaches in developing countries.
Some particular cases are presented to illustrate these
trends. The section also includes a short description of the
sequence observed in the use of some of these tools.
Moreover, this section illustrates how these tools can (or
cannot) generate gains in the short term and also provide a
basis for further and broader regulatory reform programs. |
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