Regulatory reform and governance: A survey of selected developing and transition economies

Yin Fang Zhang, Margo Thomas

Research output: Contribution to journalArticlepeer-review

Abstract

Regulation is now considered an integral instrument in developing policy toolkit to support market-led, pro-poor growth in developing and transition economies. Institutional environment in general and regulatory governance in particular have increasingly been viewed as a factor of competitiveness. In search for better governance, regulatory reform is critical. This article assesses regulatory reform in selected developing and transition economies by reporting the results of a survey on the application of regulatory governance policies, tools and institutions. It is found that in these countries regulatory reform has not shifted in approaches and objectives to taking a systematic view of regulatory governance and the means of promoting and enhancing it. It is suggested that, in order to improve regulatory governance, focus should be put on each of the three elements: regulatory policies, tools and institutions, and that centralised and concerted efforts are needed to integrate the elements. © 2009 John Wiley & Sons, Ltd.
Original languageEnglish
Pages (from-to)330-339
Number of pages9
JournalPublic Administration and Development
Volume29
Issue number4
DOIs
Publication statusPublished - Oct 2009

Keywords

  • Developing countries
  • Regulatory decision making
  • Regulatory governance
  • Regulatory reform
  • Transition economies

Research Beacons, Institutes and Platforms

  • Global Development Institute

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