Moreover, they are a genuine loss of welfare which have a negative impact on national income. The book will be invaluable for academics and researchers of public policy and management in developed, developing and transitional countries. Better regulation and impact assessment in the European Commission; 6. Journal of Public Policy 11: 3—30. .
The evidence on the impact of enterprise registration and licensing reform is mixed. Identifying gaps across QoS dimensions would be useful in taking corrective measures. The study tests several hypothetical reasons for slow developments. Utilization of the analytical framework on the Zambian case demonstrated they have sufficiently addressed this problem however key institutional aspects such as a clear peri-urban water policy and lack of government commitment for sector financing are still unresolved. It does so through an in-depth analysis of the current issues from a historical perspective. This book explores international experience in the use of Regulatory Impact Assessment, which involves assessing potential benefits and costs of any regulatory change. The second part of the study analyzes regulatory impact assessment reforms that did not produce early success despite adhering to good practices.
Series Title: Abstract: Better state regulation is a key component of economic reform. The article concludes on future avenues for research. The evidence also suggests that an improvement in the quality of regulatory governance is likely to be more effective in terms of economic outcomes when the quality of the existing regulatory environment is low. The major variable of interest in our research is the quality of regulatory governance. Economic regulation is intended to correct market failure and improve market competition. Privatization and deregulation have created the conditions for the rise of the regulatory state to replace the dirigiste state of the past.
The main policy implication of the findings is the need to support capacity building and institutional strengthening for robust and independent regulation in the developing countries of Asia. This book demonstrates that when reforming the water sector, policy makers should put in place appropriate social policies in order to mitigate the negative impact of such reform. Comprehensive in its approach, this book contributes to the literature on evidence-based decision making as part of the new public management. In total, 60 reforms are identified. Comprehensive in its approach, this book contributes to the literature on evidence-based decision making as part of the new public management.
Regulation is intended to correct these market failures and thereby support market efficiency and economic growth. The evidence is inconsistent with public interest theories of regulation, but supports the public choice view that entry regulation benefits politicians and bureaucrats. Moreover, the government will find it difficult to create policies that will benefit economic and social-welfare. As a result of this false assumption, service provision to these areas has been limited due to legal constraints. The article also examines the range of factors that are likely to affect the economic efficiency and effectiveness of regulation.
Regulatory competition will reward regimes in which institutional innovations do not lag far behind the new strategic choices. The costs and benefits of regulation: implications for developing countries. In other words, understanding the dynamics of regulatory reform requires a more refined approach to regulation than can be extracted from regression analysis. Although private initiatives were historically instrumental in the development of some of this infrastructure, it has traditionally been the responsibility of the state. This is likely of particular concern in developing countries, which often struggle in achieving reductions in both poverty levels and environmental pollution e. Socially, regulatory functions are affected, causing delays.
This article uses household income surveys of 2009 and 2012. Indeed, where researchers have disaggregated the measure of governance into separate policy areas, the results have often failed to produce statistically robust evidence on the impact of individual reform measures. There are several policies developing countries might consider adopting to improve their general approach to regulation. The neglect of any of these costs may lead to the underestimation of costs in absolute or relative terms and thus to inefficient regulatory choices. Regulatory Impact Assessment in East Africa Darren Welch 12.
The literature on the economic effects of particular areas of regulatory reform is more limited. Regulatory impact assessment: an overview; 2. The traditional orthodoxy of regulatory impact assessment reforms as an extension of red tape reduction is challenged. However, this can spread anxiety through a continuous sense of impending new burdens. The book is divided into four core themes.
Hence, the contribution of this paper is to enrich our understanding of this important field. A detailed discussion analyzes such variations as a binding international legal instrument, a non-binding instrument, and a model framework for site contamination management. Gutierrez , studying economic performance in telecommunications Latin American countries between 1980 and 1997, finds that sound regulatory governance has a positive effect on network expansion and economic efficiency. While considerable improvements have been achieved, the occurrence of banking crises during the 1990s indicates that many countries have yet to build robust prudential systems which can protect their banking systems from systemic crises. Drawing on international experience, the policy and regulatory framework for these licenses is assessed. It was found that its implementation had largely failed and that these new laws had been ineffective.