This week's Economist contains a summary of the Obama Administration's action in RR, under the title "Deleting Regulations" and focusing on the work achieved by Cass Sunstein, the "red tape Czar" and head of OIRA. Mr Sunstein had in particular been commissioned to implement the January 2010 executive order asking agencies to slim down the rule book. Departments have responded with 580 proposals which are being scrutinised. But over the same period, the Obama administration has published many new regulations (194 texts with an economic impact of $100m or more. The article summarizes the cultural and procedural obstacles to deregulation and lists current options:
- one-in, one-out (UK style), an idea supported by Republican candidate Mitt Romney;
- a truly independent scorer for regulatory costs and benefits, (like ACTAL in the Netherlands);
- a board of influential stakeholders (like in Australia and elsewhere) to help break political deadlocks;
- a full-time advocate for regulatory rollback;
- automatic “sunsets” of laws
- one-in, one-out (UK style), an idea supported by Republican candidate Mitt Romney;
- a truly independent scorer for regulatory costs and benefits, (like ACTAL in the Netherlands);
- a board of influential stakeholders (like in Australia and elsewhere) to help break political deadlocks;
- a full-time advocate for regulatory rollback;
- automatic “sunsets” of laws
Thanks for your great information, the contents are quiet interesting.I will be waiting for your next post.
ReplyDeleteFood Recruitment