R-301
Regulatory Impact Analysis (RIA): Institutional Design and Methodological Approaches
CEUs: 6.0
Course Description
Regulatory Impact Analysis (RIA) is a methodological approach to critically assessing the positive and negative components of proposed and existing regulations and non-regulatory alternatives. It is an important element of an evidence-based approach to policy making. The Organization for Economic and Co-operation Development (OECD) analysis shows that conducting RIA within an appropriate systematic framework can underpin the capacity of governments to ensure that regulations are efficient and effective in a changing and complex world.
Successful implementation of RIA can be administratively and technically challenging. This course is designed to assist policy makers, regulators, and the business community in designing and implementing effective analyses. Through learning about the RIA Roadmap, the course will use case studies of actual RIAs, including contextual evidence and result scenarios. Participants also undertake action planning and will learn how to form the legal/policy framework for RIAs and conduct RIAs in their own countries and organizations.
Learning Outcomes
Through successful completion of this course, participants will be able to:
- Explain RIA methodology and why it is used to evaluate the impact of law, rules, and regulations
- Identify EU, US, and other RIA models and guidelines
- Examine and differentiate cases of successful and failed implementation of RIA processes and procedures
- Design approaches for RIA cost-effectiveness
- Understand the framework for the RIA as well as preparing the actual RIA document on an international level
- Learn the data collection and assessment techniques related to RIA as well as the challenges associated with data formulation.
- Create a strategic action plan to implement RIAs in your organization
Who Will Benefit
- Government regulatory agencies and personnel
- Private industry regulatory agencies and personnel