Implementing Good Regulatory Practice In Malaysia
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Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 138 |
Release | : 2015-03-10 |
Genre | : |
ISBN | : 9264230629 |
This report examines Malaysia's early experience of implementing regulatory impact analysis (RIA) to support evidence-based rule making.
Author | : |
Publisher | : |
Total Pages | : 132 |
Release | : 2015 |
Genre | : |
ISBN | : |
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 248 |
Release | : 2018-10-09 |
Genre | : |
ISBN | : 9264305432 |
This report is the first comprehensive stock-taking of good regulatory practice implementation in Southeast Asia to support local SMEs and their integration into global value chains. For each of the ten countries of the Association of Southeast Asian Nations (ASEAN).
Author | : J. Jayasiri |
Publisher | : |
Total Pages | : |
Release | : 2016 |
Genre | : |
ISBN | : |
Author | : Weltbankgruppe |
Publisher | : |
Total Pages | : |
Release | : 2019 |
Genre | : |
ISBN | : |
Good Regulatory Practices (GRP) are a systematic application of tools, institutions, and procedures that governments can mobilize to ensure that regulatory outcomes are effective, transparent, inclusive, and sustained. Other terms used for GRP include 'regulatory governance' and 'better regulation.' Among the most common GRP tools used by governments are: public consultation, ex ante regulatory impact analysis (RIA), ex post review of existing regulations, administrative simplification, access to laws and regulations, forward regulatory planning, and regulatory oversight functions. This report focuses on GRP because by improving the regulatory environment, they can boost conditions for sustainable growth and investment. This is evidenced, among others, in the World Bank Group's Global Investment Competitiveness Report 2017-2018, which surveyed 750 investors in developing and transition economies. The report found that next to 'political stability and security', the 'legal and regulatory environment' was the most important consideration of senior executives when making investment decisions (WBG, 2018). Similarly, evidence shows a positive relationship between the improvement of the regulatory environment and aggregate investment (and economic growth), suggesting that countries stand to gain from a broad push for streamlining regulations and procedures affecting business (Eifert, 2009). The report reflects on Malaysia's formal experience with GRP because, although launched only relatively recently, results have been remarkable. Malaysia has demonstrated that more business-friendly regulations and a more favorable regulatory environment can contribute to economic growth and investment. Moreover, Malaysia's regulatory reform success has been reflected in many international indicators, such as the Global Indicators of Regulatory Governance, Worldwide Governance Indicators, Doing Business, (all produced by the WBG) and those from the World Economic Forum that measure the burden of government regulations and transparency of the policymaking process. International indicators measuring GRP performance show that Malaysia is converging with high-income OECD countries.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 199 |
Release | : 2019-03-19 |
Genre | : |
ISBN | : 9264311734 |
Laws and regulations affect the daily lives of businesses and citizens. High-quality laws promote national welfare and growth, while badly designed laws hinder growth, harm the environment and put the health of citizens at risk. This report analyses practices to improve the quality of laws ...
Author | : Tini Yahya |
Publisher | : |
Total Pages | : |
Release | : 2020 |
Genre | : |
ISBN | : |
Author | : Collectif |
Publisher | : OECD |
Total Pages | : 180 |
Release | : 2018-10-09 |
Genre | : Political Science |
ISBN | : 926430682X |
Small and medium-sized enterprises (SMEs) can find it challenging to cope and comply with regulations and adapt regulatory changes. Good regulatory practice (GRP) helps create a stable and enabling regulatory environment for investment, trade, and entrepreneurhsip, and thus supports healthy economies and regional competitiveness. This report is the first comprehensive stock-taking of GRP implementation in Southeast Asia to support local SMEs and their integration into global value chains. For each of the ten countries of the Association of Southeast Asian Nations (ASEAN), the report provides examples of GRP tools and approaches in areas such as administrative burden reduction, e-government, regulatory impact assessment, ex post evaluation, and stakeholder consultation. The report also includes an overview of collective efforts pursued at the ASEAN level to promote the GRP agenda across the region.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 155 |
Release | : 2011-10-25 |
Genre | : |
ISBN | : 9264116575 |
This report encourages governments to “think big” about the relevance of regulatory policy and assesses the recent efforts of OECD countries to develop and deepen regulatory policy and governance.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 280 |
Release | : 1997-12-01 |
Genre | : |
ISBN | : 9264162151 |
This is the first report to look across the OECD membership at how regulatory impact analysis is actually designed and carried out.