By OECD Organisation for Economic Co-operation and Development
Regulatory influence research (RIA) is a systemic method of significantly assessing the confident and unwanted effects of proposed and current laws and non-regulatory choices. This booklet brings jointly fresh OECD learn and research referring to methodological concerns and state reviews with RIA. The amassed papers conceal a few demanding situations to the effectiveness of RIA together with: systemic elements which impact the standard of RIA; methodological frameworks which may help RIA to enhance rules; counsel on utilizing RIA to prevent pointless law of aggressive markets; and a evaluate of using RIA within the rules of company governance throughout a couple of OECD nations. Taken jointly, this e-book offers precious, sensible assistance on the right way to enhance the functionality of RIA structures to advertise financial welfare via larger caliber regulation.Table of content material :AcronymsExecutive SummaryChapter 1. Regulatory influence research - a device for coverage CoherenceChapter 2. Determinants of caliber in Regulatory impression AnalysisChapter three. Methodological Frameworks for Regulatory impression research - Valuation, threat and Benefit-Cost AnalysisChapter four. recommendations for Integrating pageant review into Regulatory influence AnalysisChapter five. using RIA to coverage Making within the sector of company Governance
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Extra resources for OECD Reviews of Regulatory Reform Regulatory Impact Analysis: A Tool for Policy Coherence
In no case is the issue of probability weighting of different scenarios to obtain expected values explicitly discussed or explained. This may, however, largely reflect the fact that RIA guidance documents are largely drafted with generalist policy officers in mind and, as a result, tend to avoid more technical discussions. Nonetheless, it does appear that the issue of sensitivity analysis, having been identified, is subsequently given a relatively cursory treatment which is unlikely to convey an adequate understanding of the importance of this methodological tool.
5). Effectively achieving this integration of RIA elements is likely to require the use of a range of strategies and methodological tools, many of which may not have been adopted in the RIA context to date. Some are relatively simple variations on benefit-cost analysis: for example, breakeven analysis can be deployed to clarify the nature of the qualitative REGULATORY IMPACT ANALYSIS: A TOOL FOR POLICY COHERENCE – ISBN 978-92-64-04354-1 – © OECD 2009 35 2. DETERMINANTS OF QUALITY IN REGULATORY IMPACT ANALYSIS nl y d se ea e R O EC For example, Kaplan and Norton developed the “Balanced Scorecard Approach” in the early 1990s as a strategic management tool to enable enterprise managers to integrate financial and non-financial considerations.
Austria, the Czech Republic, France, Germany, Hungary, Norway, Iceland, Poland, Sweden and Switzerland require risk assessment only in selected cases. r Some countries such as the Finland and Japan require risk assessment on environmental regulations in all cases, while only in selected cases in the area of health and safety. These general characterisations of country practices provide little specific information as to what kinds of risk assessments are employed and the purposes for which they are used.
OECD Reviews of Regulatory Reform Regulatory Impact Analysis: A Tool for Policy Coherence by OECD Organisation for Economic Co-operation and Development