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Better regulation is necessary for economic recovery to manage risks and to cut unnecessary red tape. This policy brief presents how a good system of regulatory management systematically helps to identify the best choice of policy options.
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Rules are essential for economic growth, social welfare and environmental protection, but rules can also be costly in both economic and social terms...
This seminar was the second held in the framework of the OECD Regulatory Reform Review in China and took place in Beijing on 28 March, 2008.
This is the Japanese version of Regulatory Reform in Russia and covers the overall economic context, the government’s capacity to manage regulatory reform, competition policy and enforcement, and market openness. It also examines the electricity and railroad sectors.
Remarks by Jørgen Elmeskov, OECD Acting Chief Economist at the OECD/IMF conference on structural reform in Europe on 17 March 2008.
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This report presents the results of discussions held by the Group on Regulatory Policy in December 2007.
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This roundtable examined the links between competition policy and energy security, with a focus on natural gas. The discussion began by addressing the questions of the meaning and importance of energy security; and the determinants of energy security, particularly as they relate to competition policy. It continued in dealing with gas supply, transportation, and distribution, addressing five aspects that relate to different aspects
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Competition can improve the functioning of the retail banking sector without harming prudential regulation. Customer mobility and choice are essential to stimulate banking competition; credit ratings and easy, low-cost transaction costs for switching are crucial for promoting customer mobility.
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Regulation of the legal professions, including self-regulation, typically involves many restrictions on entry and professional conduct. Certain restrictions may be a remedy to market failures and may also be based on distributional or paternalistic motives. But other restrictions can be based on rent-seeking and achieve cartel-like effects. The major policy challenge is to identify and remove the restrictions which are unnecessary or
This report analyses multi-level governance in Italy and the capacity of regions to produce high quality regulation, an important theme to achieve overall regulatory coherence.