OECD Regulatory Policy Outlook 2021
Laws and regulations govern the everyday life of businesses and citizens, and are
essential tools of public policy. The COVID-19 pandemic has highlighted the crucial
role regulation plays in the economy and society, but has also exposed gaps in domestic
and international rule-making that have cost lives and money. The 2021 Regulatory
Policy Outlook, the third in the series, maps country efforts to improve regulatory
quality in line with the 2012 OECD Recommendation on Regulatory Policy and Governance,
and shares good regulatory practices that can help close the gaps. It provides unique
insights into how countries approach the design, enforcement and revision of regulations,
and suggests where countries can best focus their efforts to ensure that laws and
regulations work as intended. Finally, it discusses some agile and innovative approaches
to rule making such as regulatory sandboxes, behavioural insights, and outcome-based,
data-driven and risk-based regulation.
Published on October 06, 2021Also available in: German, French