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© OECD 2010

The opinions expressed and arguments employed herein do not necessarily reflect the official views of the OECD member countries.

May 2010 Regulatory Reform for Recovery and Growth

Can regulatory reform speed up recovery from crises?

Is a crisis an opportunity for reform?

How can confidence in regulatory systems be strengthened?

What are implementation challenges and how to overcome them?

Where do we go from here?

Further information

Related reading

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© OECD 2010 2

http://tinyurl.com/reformgrowth

How can regulatory reform speed up recovery from crises?

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© OECD 2010 3

-1.0%

-0.5%

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0%

1992-1994 1997-2001 1986-1990 1995-1999 1986-1990 1994-1998 1986-1990 1995-1999

Mexico Sweden United Kingdom OECD average

Ave

rage

an

nu

al l

abo

ur

pro

du

ctiv

ity

gro

wth

Pre-crisis Post-crisis

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© OECD 2010 4

85

90

95

100

105

110

115

120

125

1 2 3 4 5

GD

P in

de

x (b

ase

10

0: b

egi

nn

ing

of

cris

is)

Years from the beginning of the crisis

Korea (1997-1999) Mexico (1995-1997) Mexico (1982-1985)

Korea (1997-1999)

Mexico (1995-1997)

Mexico (1982-1985)

Is a crisis an opportunity for reform?

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© OECD 2010 5

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© OECD 2010 6

How can confidence in regulatory systems be strengthened?

12

21

12

23

1615

26

15

29

23

0

5

10

15

20

25

30

35

Publicly release RIAs Identify Also quantify Identify Also quantify

Benefits of new regulation Costs of new regulation

Nu

mb

er

of

OEC

D c

ou

ntr

ies

2005 2008

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© OECD 2010 7

What strengthens implementation of regulatory reform?

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© OECD 2010 8

Where do we go from here?

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© OECD 2010 9

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© OECD 2010 10

Further information

Related reading http://tinyurl.com/reformgrowth