Regulations help governments support economic growth, social welfare and environmental
protection. The challenge is to design clear, coherent, and efficient regulations
and to effectively implement them. This report presents cutting-edge thinking in how
to facilitate good regulatory design and implementation. Jointly developed by the
OECD and the Korea Development Institute, the report builds on a series of expert
papers that analyse the experience of Korea and other OECD members in designing and
implementing regulatory oversight, stakeholder engagement, regulatory impact assessment
and ex post evaluation. It identifies forthcoming challenges, possible solutions and
areas for further analysis that can help governments in OECD member and partner countries
improve their regulatory systems.
A common theme of the chapters in the report is the importance of “connecting the dots” across different regulatory institutions, tools, and processes to create an ecosystem where these different instruments are effectively used to design and implement policies and regulation. They are best seen as a means to an end and should be used as part of a holistic system to support policy makers in designing and implementing good policies based on evidence, rather than as separate exercises. They can help encourage innovation and new approaches to addressing challenging situations in a multi-disciplinary way.
Key messages emerging from this body of work that can guide future work aimed at improving regulatory governance include:
The “ecology of instruments”: regulatory institutions, processes and tools need to be designed and implemented holistically, and inform regulatory design, implementation and evaluation across government.
“Connecting the dots”: equally important is the need to link up good regulatory practice institutions, processes and tools to fully use their potential and create an ecosystem where these different instruments are effectively used to design and implement policies and regulation.
Pushing the boundaries beyond the perimeter of the executive: good regulatory practice is currently mostly applied by executives. It should be extended to legislatures, which play a key role in designing policies and regulations as well as overseeing their implementation, including by holding the executive accountable for results.
Networks and incentives as key success factors: good regulatory design and implementation rely on an effective network of agencies and officials that implement these tools with appropriate incentives and oversight, or ensure their effective implementation.
Embedding and adapting good regulatory practice into each country’s administrative and institutional context and culture: there is no single blueprint or approach to good regulatory practices. The design and use of the instruments need to be adapted and tailored to a specific context. Ultimately, the objective is the same, i.e. making public policy work for all constituents.