What is Better Regulation?
Better regulation is a concept consisting of the
principles specified below and implemented by
the EU and OECD countries with its various
dimensions:
-
Proportionality: The regulators should
only intervene if necessary. The solutions
proposed should include minimum risks and
costs.
-
Accountability: The regulators should
logically justify their decisions and be open
to public inspection.
-
Consistent: Rules and standards should
be consistent and the implementation should be
fair.
-
Transparency: The regulators should be
open to all kinds of views and proposals and
make simple, clear and user-friendly
regulations.
-
Targeted: A regulation should be
problem targeted and minimize the side
effects.
-
Locality: A regulation should be
formulated at the closest point to the public.
-
Accessibility: A regulation should be
accessible by users via information technology
and the process should be facilitated.
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Main mechanisms
used to execute these principles are as follows:
·
Regulatory
Impact Analysis (RIA)
·
Stakeholder
participation
·
Simplification
and review
·
Measurement and
evaluation
·
Decrease of
administrative burden and red-tape
·
E-state
applications
·
Efficiency of
implementation
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