Development of smart regulation mechanisms: towards a new regulatory policy in Russia' on 14 March was, in your blogger's view, a great success. A success because of the high number (around 60) of participants from not only Moscow administrations, but also from the business community and the other levels of governement (regions and from the Eurasian Economic Commission); and a success for the quality and scope of the discussions.
The RF authorities will draw their own (official) conclusions, but in the meantime, your blogger noted that several key points met with some degree of consensus:
- the need to complete the regulatory policy agenda, currently heavily dependent on RIA, with other BR components such as an overall explicit policy, some type of quality and performace oversight function to check that the policy is effective, a formal consultation policy, etc.
- thanks to the presence of business sector representatives and supra and sub-national levels of government, it was quite clear that there was a real need for a coordination and consultation process to bring together all the regulators, in the interest of the economy at large and the civil society;
- most encouraging was the adherence of all participants to the principle that regulatory policy was indeed a great priority for the the growth of the economy thanks to more efficient markets and, accessorily, a better Doing Business ranking.
Our warm thanks and congratulations to Daniel Tsygankov, (and his director Andrey Klimenko, Head of the Institute for Public Administration and Municipal Management) for organising what may later appear as the official launch of Smart Regulation in the Russian Federation.