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“Regulations” refer to the use of legal instruments to adopt government policy interventions. Appropriate regulations serve to complement the democratic process and market economy to provide a fair, equitable, efficient environment for citizens and organizations to operate in, enabling the improvement of productivity communitywide. However, if not implemented appropriately, regulations can result in unnecessary costs, limit freedom, reduce competition, and block innovation.
The meta structures governing the development and review of regulations are referred to as “regulatory management structures” and comprise policies, tools, institutions, and procedures as core components, according to the APO report on “Regulatory Management Framework to Enhance Productivity.”
Several projects on GRP have been conducted by the APO, mainly focusing on enhancing awareness and imparting knowledge. To continue those efforts, the APO and Center of Excellence on Publicsector Productivity is conducting this training course to develop more capable GRP experts in member economies.
For more details please click on PN.