Regulatory policy

Risk and Regulatory Policy: Improving the Governance of Risk

 

Executive summary and Chapter list | How to Obtain this Publication

 

Risk-based approaches to the design of regulation and compliance strategies can improve the welfare of citizens by providing better protection, more efficient government services and reduced costs for business. Across the OECD there is great potential to improve the operation of risk policy as few governments have taken steps to develop a coherent risk governance policy for managing regulation.


This publication presents recent OECD research and analysis on risk and regulatory policy. The chapters discuss core challenges today. They offer measures for developing, or improving, coherent risk governance policies.


The topics in this publication include challenges in designing regulatory policy frameworks to manage risks and different cultural and legal dimensions of risk regulatory concepts across OECD.

 

The chapters also cover analytical models and principles for decision making in uncertain situations, and key elements of risk regulation and governance institutions. Reviews of regulatory practices include the use of management-based regulation to help firms make risk-related behavioural changes, and an analysis of the risk-based frameworks of regulators in five OECD countries (Australia, Ireland, Netherlands, Portugal, United Kingdom) and across fiour sectors: environment, food safety, financial markets and health and safety. Finally, the publication proposes elements for designing formal guidelines for risk prioritisation, assessment, management and communication. 

 

ISBN: 978-92-64-082992-2, published 14 April 2010, 248 pages.

 

Executive summary and Chapter list


Executive summary (pdf)

               

Chapter 1. 

 

Challenges to Designing Regulatory Policy Frameworks to Manage Risks, Gregory Bounds, OECD

Chapter 2. 

 

Risk Regulatory Concepts and the Law, Dr Elizabeth Fisher, University of Oxford, United Kingdom

Chapter 3. 

 

Strategic Issues in Risk Regulation and Risk Management, Prof Giandomenico Majone, European University Institute, Florence, Italy

Chapter 4. 

 

Risk Regulation and Governance Institutions, Prof Jonathan B. Wiener, Duke University, Durham, United States

Chapter 5. 

 

Management-based Regulation: Implications for Public Policy, Prof Cary Coglianese, University of Pennsylvania, Philadelphia, United States

Chapter 6. 

 

Risk-based Regulation: Choices, Practices and Lessons Being Learned, Prof Julia Black, London School of Economics and Political Science, United Kingdom

Chapter 7. 

 

Why Governments Need Guidelines for Risk Assessment and Management, Dr John D. Graham, Indiana University School of Public and Environmental Affairs, Bloomington, U.S.

  

 How to obtain this publication

 

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