Your blogger attended the workshop on new directions for SCM, announced in a previous post, which took place on 11 & 12 June in Berlin, co-hosted by the German Chancellery and OECD. Delegates from 23 countries meeting informally heard presentations on the most advanced techniques to measure regulatory costs and discussed options for further improving the regulatory environment to boost jobs and growth. The rich proceedings will soon be published on the OECD site of the workstream "measuring regulatory performance." The OECD staff will be coordinating new research into methodologies to measure and reduce compliance costs, as a new facet of regulatory policy.
In a key moment of the workshop, OECD Public Governance Director R. Alter presented recent results of an OECD survey on the gains from broad regulatory reforms, published in a working paper last year and available on line. The paper examines the impacts of various regulatory reforms (on Product market regulation, Employment protection legislation reform and benefit, tax and retirement systems.) "Overall, an ambitious reform agenda under which OECD countries and the BRIICS would undertake all the reforms discussed in this paper could have large effects on potential output over the next decade, compared with a no-reform baseline scenario. These gains could reach 5 and close to 11% for the average EU country under relatively quick reform implementation at 5 and 10-year horizons, respectively, and the benefits would be even bigger on average for the larger EU countries (see graphs page 16). The table actually ranks the benefits in terms of percentate of GDP to be obtained by35 countries, ranging from 2% (New Zeakland, where most reforms have already been implemented) to Belgium (18%) where much remains to be done. This table also answer a question often asked by non-specialists: what are the benefits of regulatory reform?
In a key moment of the workshop, OECD Public Governance Director R. Alter presented recent results of an OECD survey on the gains from broad regulatory reforms, published in a working paper last year and available on line. The paper examines the impacts of various regulatory reforms (on Product market regulation, Employment protection legislation reform and benefit, tax and retirement systems.) "Overall, an ambitious reform agenda under which OECD countries and the BRIICS would undertake all the reforms discussed in this paper could have large effects on potential output over the next decade, compared with a no-reform baseline scenario. These gains could reach 5 and close to 11% for the average EU country under relatively quick reform implementation at 5 and 10-year horizons, respectively, and the benefits would be even bigger on average for the larger EU countries (see graphs page 16). The table actually ranks the benefits in terms of percentate of GDP to be obtained by35 countries, ranging from 2% (New Zeakland, where most reforms have already been implemented) to Belgium (18%) where much remains to be done. This table also answer a question often asked by non-specialists: what are the benefits of regulatory reform?
No comments:
Post a Comment