Traffic Light Score Methodology: A Tool for Ex Post Regulatory Impact Assessment
| Published Date | April 2019 |
|---|---|
| Type of Publication | Reports |
| Publication Under | Economic Committee (EC) |
| Accessed | 4365 |
| Download publication | Download |
Description
This publication aims to evaluate the quality of the Ex Post evaluation of regulations by verifying the content of the three main sections of the Ex Post RIA and provide a final recommendation about the future status of the regulation submitted to an ex-post evaluation analysis.
The Traffic Light Score Methodology (TLSM) seeks to become part of the good regulatory practices inside APEC that contribute to the following impacts in the region: an oversight tool to verify if the regulations are delivering the intended impacts and measuring the real costs and benefits; a systematic feedback on the robustness of the assumptions used in the Ex-Ante RIA, which allows regulators to make adjustments, if necessary, to current regulation; a diagnostic tool to identify and seize improvements on public policies, instead of reacting to external reviews and appraisals.