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Regulatory Impact Assessment in Developing and Transition Economies: A Survey of Current Practice

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  • Colin Kirkpatrick
  • David Parker
  • Yin-Fang Zhang

Abstract

Regulatory impact assessment (RIA) involves a systematic appraisal of the costs and benefits associated with a proposed new regulation and evaluation of the performance of existing regulations. So far, most academic research has been concerned with the adoption of RIA in OECD countries. This article assesses the contribution that RIA can make to ‘better regulation’ in developing and transition economies. The results reported in this article suggest that a growing number of low and middle-income countries are beginning to apply some form of regulatory assessment, but that the methods adopted are partial in their application and are not systematically applied across government. The authors discuss the implications of their findings for capacity building and future research.

Suggested Citation

  • Colin Kirkpatrick & David Parker & Yin-Fang Zhang, 2004. "Regulatory Impact Assessment in Developing and Transition Economies: A Survey of Current Practice," Public Money & Management, Taylor & Francis Journals, vol. 24(5), pages 291-296, October.
    • Handle: RePEc:taf:pubmmg:v:24:y:2004:i:5:p:291-296
    DOI: 10.1111/j.1467-9302.2004.00436.x
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    References listed on IDEAS

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    1. World Bank, 2002. "Global Economic Prospects and the Developing Countries 2002," World Bank Publications - Books, The World Bank Group, number 14050, December.
    2. Paul Cook & Colin Kirkpatrick & Martin Minogue & David Parker (ed.), 2004. "Leading Issues in Competition, Regulation and Development," Books, Edward Elgar Publishing, number 3183.
    3. Pargal, Sheoli, 2003. "Regulation and private sector investment in infrastructure - evidence from Latin America," Policy Research Working Paper Series 3037, The World Bank.
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    Cited by:

    1. Alketa Peci & Filipe Sobral, 2011. "Regulatory Impact Assessment: How political and organizational forces influence its diffusion in a developing country," Regulation & Governance, John Wiley & Sons, vol. 5(2), pages 204-220, June.
    2. Silberberger, Magdalene & Königer, Jens, 2016. "Regulation, trade and economic growth," Economic Systems, Elsevier, vol. 40(2), pages 308-322.
    3. World Bank Group, 2014. "Cambodia Services Trade : Performance and Regulatory Framework Assessment," World Bank Publications - Reports 20759, The World Bank Group.
    4. Udechukwu Ojiako & Tinashe Manungo & Max Chipulu & Johnnie Johnson, 2013. "The Impact of Regulation on Risk Perception: Evidence from the Zimbabwean Banking Industry," African Development Review, African Development Bank, vol. 25(3), pages 276-288, September.
    5. Kirkpatrick, Colin, 2012. "Economic Governance: Improving the Economic and Regulatory Environment for Supporting Private Sector Activity," WIDER Working Paper Series 108, World Institute for Development Economic Research (UNU-WIDER).
    6. Kalim Shah & Jorge Rivera, 2013. "Do industry associations influence corporate environmentalism in developing countries? Evidence from Trinidad and Tobago," Policy Sciences, Springer;Society of Policy Sciences, vol. 46(1), pages 39-62, March.
    7. Colin Kirkpatrick, 2012. "Economic Governance: Improving the Economic and Regulatory Environment for Supporting Private Sector Activity," WIDER Working Paper Series wp-2012-108, World Institute for Development Economic Research (UNU-WIDER).
    8. Camilla Adelle & Sabine Weiland & Jan Dick & Diana Gonz�lez Olivo & Jens Marquardt & George Rots & Jost W�bbeke & Ingo Zasada, 2016. "Regulatory impact assessment: a survey of selected developing and emerging economies," Public Money & Management, Taylor & Francis Journals, vol. 36(2), pages 89-96, March.
    9. Knight-John, Malathy, 2005. "Regulatory Impact Assessment: A Tool for Improved Regulatory Governance in Sri Lanka?," Centre on Regulation and Competition (CRC) Working papers 30626, University of Manchester, Institute for Development Policy and Management (IDPM).

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