Regulatory principles under scrutiny

As previously reported on this blog, the OECD is actively seeking the views of officials from regulatory agencies and ministries, the private sector, social partners and civil society at large on the possible update of the 2005 Recommendation on Regulatory Policy and Governance (closing date 1 July).  Though unconnected with this consultation, an in-depth review of the current OECD principles has just been published by Frank Vibert, senior visiting fellow at the LSE under the title “Regulating in an age of austerity: reframing international regulatory principles.” Reading this paper is highly recommended in the context of the current revision.