Two must-reads have just been published by OECD, crowning several years of research into how governments can best invest in making smarter regulation. They are accessible from the project's publications webpage (see "expert papers"):
- A first paper discusses the complexity of attributing changes in economic or welfare outcomes to changes in regulation and regulatory policy. It shows the categories of measures for evaluating regulatory policies and reports a number of indicators that can be used to measure outcomes, which can inform the practical application of an evaluative framework;
- A second paper examines country practices for measuring the performance of regulatory policy, and develops options for a set of indicators that OECD countries can use for their regulatory policy evaluation.
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