Regulatory policy

Regulatory reform in Southeast Asia

 

Regulatory reform is a cross-cutting theme for ASEAN economic integration and regulatory coherence, as well as for individual ASEAN member state’s structural and rule of law reforms.

 

Regulations are indispensable to the proper functioning of economies and societies. They underpin markets and their integration protects the rights and safety of citizens and ensures the delivery of public goods and services. However, regulations are not costless. Businesses complain that red tape holds back competitiveness while citizens complain about the time that it takes to fill out government paperwork. Regulations can also have unintended costs if they become outdated or inconsistent with the achievement of policy objectives. Read more.  

 

The OECD has a longstanding engagement with Southeast Asia on regulatory reform, both regionally through APEC and ASEAN and bilaterally with individual ASEAN member states. Highlights of this engagement include:

 

 

The ASEAN-OECD Good Regulatory Practice Network (GRPN)

Since 2014, the GRPN has been serving as a key platform consolidating the OECD’s engagement with ASEAN on regulatory reform.

It is one of six regional policy networks (RPNs) under the OECD Southeast Asia Regional Programme (SEARP) that was launched at the 2014 Ministerial Council Meeting (MCM).

 

 

 

For more information, please contact Faisal Naru.

 

Other OECD economic publications on Southeast Asia

OECD Southeast Asia Economic Outlook

OECD Reviews of Innovation Policy: Innovation in Southeast Asia 2013

 

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» Regulatory policy and governance

 

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