Controlling the Cumulative Costs of Regulation: Exploring Potential Solutions
Reeve T. Bull – Research Chief, Administrative Conference of the United States; Co-Chair of ABA Administrative Law & Regulatory Practice Section E-Rulemaking Committee
Over three decades ago, the United States was at the forefront of developed nations in creating a centralized system for regulatory review and rationalizing regulatory policymaking through the use of benefit-cost analysis.
In the ensuing thirty years, the United States’ system for executive review has changed very little, notwithstanding some minor readjustments. . In that same time period, other developed nations have enacted significant regulatory reforms, some of which involve copying the American framework but many of which represent new innovations that go well beyond what the United States has adopted.
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Additional Background Information on:
Cumulative Costs of Regulation: A Forum for Analysts