Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/109894
Authors: 
Vítek, Leoš
Year of Publication: 
2012
Citation: 
[Journal:] European Financial and Accounting Journal [ISSN:] 1805-4846 [Volume:] 7 [Year:] 2012 [Issue:] 3-4 [Pages:] 63-78
Abstract: 
In 2007/2008, the Czech Republic has introduced governmental Regulatory Impact Assessment (RIA) to the central government level. This procedure has established formal rules binding to all legislative bodies. The process administration of RIA was entrusted to the Panel for a Regulatory Reform and Effective Public Administration and its permanent Committee for Quality Control of the Regulatory Impact Assessment. At the end of 2011, the RIA process has been changed and a new, independent Committee for the control of RIA proposals has been established. Based on minutes from the Committee’s discussions, the presented paper analyses fundamental trends in the RIA process in the 2008–2012 period. The general statistical overview indicates that the volume of legislation reviewed under RIA gradually decreases. On the other hand, the number of proposals not recommended by the Committee for an approval decreased from 7.1 % in 2008 to 6.9 % in 2011. After introducing the new RIA rules, the number of proposals not recommended by the new Committee for an approval during the first discussion of a proposal has dramatically increased to 81 %.
Subjects: 
Czech Republic
Government policy
Regulation
Regulatory impact assessment
JEL: 
H83
L51
Persistent Identifier of the first edition: 
Document Type: 
Article

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