 How to Build Regulatory Reform and Regulatory SystemsFrank Frick ()
Chapter Chapter 14 in Business Regulation and Public Policy, 2009, pp 1-13 from Springer Abstract: Abstract Regulation matters! It organizes markets and societies and is therefore a cornerstone of freedom and welfare. But regulation may also cause problems, unnecessary burdens, unintended side-effects and costs. The aim of this chapter is to give evidence that – and how – regulatory systems can be built to become more effective than most of them are today. With a heuristic approach, this chapter is looking for successful measures and trying to identify patterns. Based on three principles, (i) a robust, responsible and flexible architecture, (ii) the necessary perspective of the beholder (here: business) and (iii) a target-oriented strategy, a regulatory system should be built on evidence-based solutions, acceptance within the businesses by consultation, the monitoring and steering of the regulatory process, independent scrutiny and legitimacy and a political program to make the cross cutting issue powerful. Keywords: Impact Assessment; Policy Process; Regulatory Quality; Good Regulation; Regulatory Reform (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:inschp:978-0-387-77678-1_14 Ordering information: This item can be ordered from DOI: 10.1007/978-0-387-77678-1_14 Access Statistics for this chapter More chapters in International Studies in Entrepreneurship from Springer |
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