key findings
Evidence shows that international organisations (IOs) contribute regulatory co-operation by:
- offering platforms for continuous dialogue on regulatory issues
- facilitating the comparability of approaches and practices
- providing member countries with flexible mechanisms to identify and adapt to new and emerging regulatory areas or issues
- contributing to the development of a common regulatory language
However, structured evidence on the impact of IOs’ rule-making activities remains scant, both concerning economic and social gains and increased administrative efficiency and capacity. Furthermore, evidence on the active use of regulatory management disciplines in international rule making – such as consultation mechanisms and impact evaluation - is limited. More systematic exchange of information and experience would enable IOs to capitalise on lessons learnt and maximise the potential of existing governance arrangements and instruments.