Published on July 28th, 2016 | by Joshua New0
Measuring the Transparency of Regulators Around the World
The World Bank has published the Global Indicators of Regulatory Governance, a dataset of the ways government agencies in 185 countries engage the public on regulatory issues. The indicators include how stakeholder groups learn of proposed regulations and the extent these groups can provide feedback to government officials on these regulations, such as by filing comments. The indicators also include whether governments consider the social, economic, and environmental impacts of new regulations and whether this consideration is influenced by public feedback. Additionally, the dataset measures whether the public can access current regulatory information and whether stakeholders can contest regulatory decisions. The dataset reveals that 50 countries surveyed do not notify the public of proposed regulations, and that poor countries are generally less transparent than wealthy countries.