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Regulatory Impact Assessment: Developing Its Potential for Use in Developing Countries

Author

Listed:
  • Kirkpatrick, Colin
  • Parker, David
Abstract
Regulatory impact assessment (RIA) has been adopted in most OECD countries to improve regulatory decision making. RIA involves a systematic appraisal of the costs and benefits associated with a proposed new regulation and evaluation of the performance of existing regulations. Although RIA requires capacity building in terms of regulatory assessment skills, including data collection methods and public consultation practices, it offers the means to improve regulatory practice in low and middle-income countries as well as rich ones. This paper assesses the nature and scope of RIA and the challenges that will be faced in introducing the concept more widely across developing economies. Results from a survey of a small number of middle-income countries suggest that a number of developing countries have some form of regulatory assessment, but that the methods adopted are partial in their application and are certainly not systematically applied across government. The paper concludes by proposing a framework, drawing on the OECD guidelines, which can be applied in low and middle-income countries to improve regulatory decision making and outcomes.

Suggested Citation

  • Kirkpatrick, Colin & Parker, David, 2003. "Regulatory Impact Assessment: Developing Its Potential for Use in Developing Countries," Centre on Regulation and Competition (CRC) Working papers 30646, University of Manchester, Institute for Development Policy and Management (IDPM).
  • Handle: RePEc:ags:idpmcr:30646
    DOI: 10.22004/ag.econ.30646
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    References listed on IDEAS

    as
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    6. Kirkpatrick, Colin, 2001. "Regulatory Impact Assessment in Developing Countries: Research Issues," Centre on Regulation and Competition (CRC) Working papers 30640, University of Manchester, Institute for Development Policy and Management (IDPM).
    7. Martin Brownbridge & Colin Kirkpatrick, 2002. "Policy Symposium: Financial Regulation and Supervision in Developing Countries: An Overview of the Issues," Development Policy Review, Overseas Development Institute, vol. 20(3), pages 243-245, July.
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    11. Spiller, Pablo T, 1996. "Institutions and Commitment," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 5(2), pages 421-452.
    12. M. Brownbridge & C. Kirkpatrick, 2000. "Financial Regulation in Developing Countries," Journal of Development Studies, Taylor & Francis Journals, vol. 37(1), pages 1-24, October.
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    14. Guasch, J Luis & Hahn, Robert W, 1999. "The Costs and Benefits of Regulation: Implications for Developing Countries," The World Bank Research Observer, World Bank, vol. 14(1), pages 137-158, February.
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    Cited by:

    1. Jalilian, Hossein & Kirkpatrick, Colin & Parker, David, 2003. "Creating the Conditions for International Business Expansion: The Impact of Regulation on Economic Growth in Developing Countries - A Cross-Country Analysis," Centre on Regulation and Competition (CRC) Working papers 30689, University of Manchester, Institute for Development Policy and Management (IDPM).
    2. Abdullaha, Zulhamri & Yusoff, Wan Fauziah Wan & Anumudua, Chinedu Eugenia & Zainol, Fakhrul Anwar, 2020. "Regulatory Impact Analysis Roles for Agricultural Products' Qualities: Customers' Perspectives for Sustainability Entrepreneurship," Asian Journal of Agriculture and Rural Development, Asian Economic and Social Society (AESS), vol. 10(02), January.
    3. Rasul Bakhsh Rais & Asif Saeed, 2005. "Regulatory Impact Assessment of SECP’s Corporate Governance Code in Pakistan," Governance Working Papers 22277, East Asian Bureau of Economic Research.
    4. Knight-John, Malathy & Jayasinghe, Shantha & Perumal, Andrew, 2004. "Regulatory Impact Assessment in Sri Lanka: The Bridges That Have To Be Crossed," Centre on Regulation and Competition (CRC) Working papers 30666, University of Manchester, Institute for Development Policy and Management (IDPM).
    5. Zulhamri Abdullah & Wan Fauziah Wan Yusoff & Chinedu Eugenia Anumudu & Fakhrul Anwar Zainol, 2020. "Regulatory impact analysis roles for agricultural products` qualities: Customers` perspectives for sustainability entrepreneurship," Asian Journal of Agriculture and rural Development, Asian Economic and Social Society, vol. 10(2), pages 563-577, December.
    6. Eldridge, Derek & Goulden, Brian, 2005. "A Diagnostic Model for Capacity Building in Regulatory Agencies: An Empirical Study Based on the ICT Sector, Southern Africa," Centre on Regulation and Competition (CRC) Working papers 30667, University of Manchester, Institute for Development Policy and Management (IDPM).
    7. Eldridge, Derek, 2004. "Exploring the Inter-Relationships of Strategic Planning, Work System Design and Performance Management in Regulatory Agencies," Centre on Regulation and Competition (CRC) Working papers 30643, University of Manchester, Institute for Development Policy and Management (IDPM).

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