LATEST PUBLICATIONS
PN 2021-09
Gender Perspectives in E-livelihood and E-entrepreneurship
PN 2021-08
Promoting a More Innovative and Inclusive Society through ICT Development
SEARCA MGB 2021 2
Seed Guidebook: Scaling and Expanding for Effective Development the Experiences and Learning from the SEARCA Project ISARD
SEARCA RPCL 2021 6
Microbes for Sustainable Agriculture: Isolation and Identification of Beneficial Soil- and Plant-Associated Microorganisms

LATEST AV MATERIALS
PIDS WB 2021-0903
Annual Public Policy Conference Webinar 2: Ethical Business
PIDS WB 2021-0902
Opening Program and Annual Public Policy Conference Webinar 1: Resetting Capitalism
PIDS WB 2021-0901
19th Development Policy Research Month Kick-Off Forum
PIDS WB 2021-0702
Local Governments' PDP and SDG Localization Efforts as Contribution to National Development
Publication Detail
CPBRD PB 2016-07: Institutionalization of a Formal Regulatory Management System (RMS)

Global competitiveness surveys have pointed out that the presence of regulatory uncertainty and red tape, aside from poor infrastructure and unfriendly investment environment (i.e., restrictions on foreign investments in the Constitution and certain laws and government policies), explains the weakness of the Philippine economy’s overall competitiveness in comparison with our ASEAN neighbours. It has also been noted that the business enabling environment is costly and overregulated with wide variations observed in the implementation of national level regulations among local government units due to questions of jurisdictions and the lack of holistic approach to regulation. It is recommended that a formal Regulatory Management System (RMS) be institutionalized to subject existing or proposed regulation to regulatory impact analysis. It should affirm the Regulatory Impact Analysis as a whole-of-government policy. It should highlight the need for a coherent, coordinated and responsive RMS to upgrade the quality of existing regulations since national regulatory systems require periodic maintenance to ensure that outcomes are assessed, that unnecessary or inefficient rules are weeded out, and that needed rules are adapted to address new economic and social conditions.

Congressional Policy and Budget Research Department
Authors Keywords
Mamaril, Eleonor, C; RMS, Regulatory Management System, ;
Download PDF Number of Downloads
Published in 2016 and available for Downloaded 177 times since June 20, 2018
×
Please let us know your reason for downloading this publication. May we also ask you to provide additional information that will help us serve you better? Rest assured that your answers will not be shared with any outside parties. It will take you only two minutes to complete the survey. Thank you.


To use as reference:
If others, (Please specify):
Name: (optional)
Email: (required, but will not display)
Age:
Gender:
If Prefer to self-describe, please specify:
Level of Education:
Occupation:
If employed either part-time or full-time, name of office:
If others, (Please specify):
Would you like to receive the SERP-P UPDATES e-newsletter? Yes No
Use the space below if you have any comment about this publication or SERP-P knowledge resources in general.