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Regulatory Coherence: The Case of the Republic Korea

In: The Development of Regulatory Management Systems in East Asia: Country Studies

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  • Song June Kim
  • Dae Yong Choi

Abstract

The ASEAN Economic Community Blueprint 2025 emphasises that 'the drive towards a competitive, dynamic, innovative and robustly growing ASEAN entails that the regulations are non-discriminatory, pro-competitive, effective, coherent and enabling of entrepreneurship, and the regulatory regime responsive and accountable whereby GRP is embedded.' Every country has a unique system to make laws, regulations and rules, and a set of procedures for reviewing them. What countries increasingly have in common is the growing adoption of good regulatory practices, including strengthening regulatory management policies and institutions. This volume first outlines the elements of regulatory management systems (RMSs) and then presents country studies from nine states in the Asia-Pacific region. These country studies analyse the evolution of each state's RMS and present case studies that highlight the role of the RMS in some successful regulatory reform initiatives as well as some less successful reforms.

Suggested Citation

  • Song June Kim & Dae Yong Choi, 2016. "Regulatory Coherence: The Case of the Republic Korea," Chapters, in: Derek Gill & Ponciano Intal, Jr. (ed.),The Development of Regulatory Management Systems in East Asia: Country Studies, chapter 4, pages 115-174, Economic Research Institute for ASEAN and East Asia (ERIA).
  • Handle: RePEc:era:chaptr:2015-rpr-04-4
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