Blockchain technology has significant impacts on financial services. U.S. regulation regards blockchain technology as a type of financial technology when it provides financial-related products or services, which belong to one of the most heavily regulated sectors of the economy. However,...

The basic goal of Regulatory Impact Assessment (RIA) is to improve regulatory quality by ex ante selecting the best alternative using cost-benefit analysis and enabling ex post evaluation of the real impact. Both goals are achievable only when RIA is properly implemented for all potential...

Regulatory Impact Assessment (RIA) is a critical tool in the hands of governments to ensure that regulation achieves its objectives. Inclusive growth has become an important objective of the political agenda of OECD countries. This paper examines the potential contribution of RIA to better...

This paper provides an analysis of India’s existing regulatory regime and its evolution over the last 25 years, and the efforts to improve the regulatory framework as India has transitioned towards a market economy. The paper argues that while India has implemented many sector specific...

When designing a policy, law, regulation or other type of “rule”, governments should always consider its likely effects. Regulatory Impact Assessment (RIA) provides crucial information to decision-makers on whether and how to regulate to achieve public policy goals. RIA examines the impacts...