In person icon Reforming the Regulatory State: new strategies and tools

Abstract

The growing dissatisfaction with the complexity, costs, and rigidity of the regulatory state creates political momentum for radical, technology-driven reform initiatives. However, new technologies have inspired ambitious regulatory overhauls in the past and rarely delivered the expected impacts on the structure and efficiency of the regulatory state. Against the backdrop of such cycles of hype and disillusionment, various jurisdictions have made progress in developing and testing tools that deliver incremental regulatory improvements. While such tools rarely attract the attention of political entrepreneurs and consultants pitching their fixes to the ills of the regulatory state, they are part of the diversified regulatory toolbox and can provide an alternative approach to regulatory reform. This panel strives to map recent advances in incremental regulatory reform tools. We welcome all contributions describing and analysing tools and approaches that deliver observable impacts in gradual adaptation to legislation, regulation, and operation of the regulatory state. This may include improvements in the traditional tools and approaches like regulatory impact analysis, various red tape reduction programs, sunset clauses or regulatory offsetting. More experimental approaches might include ex-post or post-implementation reviews, embedded legislative reviews, regulatory sandboxes or adaptive regulatory frameworks. In particular, we welcome papers with discernible empirical elements and focus on approaches applied or applicable across regulatory domains and sectors.

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