The Serbian Regulatory Reform And Governance

Ljubinka Joksimoviæ ()
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Ljubinka Joksimoviæ: Faculty of Economics, Belgrade, Serbia

Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice (1954-2015), 2010, vol. 2010SE, 234-254

Abstract: More and more, society is becoming aware that regulations, while necessary, also impose high costs on individuals, businesses and the public sector. Regulations that are unclear, obsolete and bad-ly designed prevent achievement of the intended social and economic goals. Therefore, governments all over the world initiate programs on better regulation. As the Serbian government recognized the problem of a large number of inefficient regulations in its system, it enacted in July 2008 its regulatory reform project or its well known “guillotine” in-volving the one-time rendering of inefficient regulations ineffective or their amendment. After introduction, it is elaborated upon the drivers of the OECD and the European Union Pol-icy on Better Regulation, their experience in improving regulatory environment and policy lessons gained. The next part examines how the Serbian government actually goes about creating better busi-ness regulation. Here is the review of the Serbian Comprehensive Regulatory Reform or Regulatory Guillotine as a first stage in the Strategy of Regulatory Reform. The last part of article points to the coming challenges in governance architecture for steering regulatory reform in Serbia: credibility, evidence based solution for any kind of regulation problem, legitimacy, transparency.

Keywords: Regulations; regulatory reform; governance; guillotine (search for similar items in EconPapers)
JEL-codes: G28 G38 P11 R38 (search for similar items in EconPapers)
Date: 2010
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