Position Paper Template - · PDF filePOSITION PAPER © OECD 2010 The opinions expressed...
Transcript of Position Paper Template - · PDF filePOSITION PAPER © OECD 2010 The opinions expressed...
POSITION PAPER
© OECD 2010
The opinions expressed and arguments employed herein do not necessarily reflect the official views of the OECD member countries.
May 2010 Regulatory Reform for Recovery and Growth
Can regulatory reform speed up recovery from crises?
Is a crisis an opportunity for reform?
How can confidence in regulatory systems be strengthened?
What are implementation challenges and how to overcome them?
Where do we go from here?
Further information
Related reading
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© OECD 2010 2
http://tinyurl.com/reformgrowth
How can regulatory reform speed up recovery from crises?
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-1.0%
-0.5%
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
1992-1994 1997-2001 1986-1990 1995-1999 1986-1990 1994-1998 1986-1990 1995-1999
Mexico Sweden United Kingdom OECD average
Ave
rage
an
nu
al l
abo
ur
pro
du
ctiv
ity
gro
wth
Pre-crisis Post-crisis
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85
90
95
100
105
110
115
120
125
1 2 3 4 5
GD
P in
de
x (b
ase
10
0: b
egi
nn
ing
of
cris
is)
Years from the beginning of the crisis
Korea (1997-1999) Mexico (1995-1997) Mexico (1982-1985)
Korea (1997-1999)
Mexico (1995-1997)
Mexico (1982-1985)
Is a crisis an opportunity for reform?
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How can confidence in regulatory systems be strengthened?
12
21
12
23
1615
26
15
29
23
0
5
10
15
20
25
30
35
Publicly release RIAs Identify Also quantify Identify Also quantify
Benefits of new regulation Costs of new regulation
Nu
mb
er
of
OEC
D c
ou
ntr
ies
2005 2008
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What strengthens implementation of regulatory reform?
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Where do we go from here?
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Further information
Related reading http://tinyurl.com/reformgrowth