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Regulatory policy

OECD promotes regulatory reform in Latin America to boost economic recovery

 

13 August 2020, Webinar

 

The OECD, in collaboration with the Inter-American Development Bank (IDB) and with the Latin American and the Caribbean Network of Regulatory Improvement, held a webinar to discuss country experiences on the topic of regulatory reform and how to boost economic recovery in the LAC region.

 

The keynote presentation by Nick Malyshev, Head of the OECD Regulatory Policy Division, covered the digital economy, in particular the regulation of technologies for economic recovery. As a result of the pandemic, governments have been forced to rethink their regulatory frameworks and adjust to new realities. Looking forward, this implies a reformulation of regulatory policy, and the drafting of flexible, proportional and efficient rules.

 

In Session 2, officials from the IDB, the Dominican Republic and Costa Rica presented the advantages of public service simplification for economic recovery. Public administrations have been forced to provide services through digital channels, to adapt compliance and response times and to reduce some requisites to ensure the operation of key sectors. Additionally, citizens and businesses have increased the demand for digital formalities and services, which means that governments will move towards the ICT tools once the crisis is over.

 

The Ibero American and the Caribbean Network of Regulatory Improvement promotes co-operation and the exchange of good regulatory practices to strengthen the implementation of high quality regulations in the region. Argentina, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Mexico, Peru, Portugal, Dominican Republic, and Spain are part of the Network. The OECD and the IDB represent the technical Secretariat.

 

 

MORE INFORMATION:

The current emergency presents challenges for the governments and public administrations, that must provide solutions to its citizens in a highly dynamic regulatory context and where making evidence-based decisions is particularly important. Additionally, the economic and social conditions of the region make even more salient the need to increase the digital infrastructure, facilitate the registration and formalisation of businesses and reduce administrative burdens and bureaucratic barriers. This is why we encourage our readers to visit the following websites:

 

 

 

 

CONTACT:

OECD Regulatory Policy Division for Mexico and Latin America @OCDE_RLAC

Manuel Gerardo Flores, Senior Economist, OECD @M_GerardoFlores

Gloriana Madrigal, Economist Jr., OECD Regulatory Policy Division

 

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