Tom Ferris, a Consultant Economist, recaps current practice and implementation of RIA over the pas ten years on his blog (also on tinyurl.com/pai-ria ) . He suggests that there is room for improvement, as we enter a second decade "In 2010, the OECD published a report on Better Regulation in Ireland. One of its conclusions was that the RIA process in Ireland continued to operate within a weak institutional framework which does not sufficiently "scare" departments into co-operating for the production of quality RIAs. Against this background, there is a good case to be made for having a central RIA scrutiny facility, which publishes its findings, similar to the EU's Regulatory Scrutiny Board. This would help to ensure that RIAs fulfil quality standards. There is little point in having RIAs produced merely as a box-ticking exercise. Their true value lies in helping Government to make decisions by providing evidence-based RIAs, which measure the positive and negative effects of different options for regulatory change."
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