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Genesis and development of impact assessment

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  • Rumen Brussarski

Abstract

During the 70s of the twentieth century economists realized that public expenditures and rulemaking have similar effects on resource allocation and equity. Thus, the process of creating regulations entered the orbit of the economic cost-benefit analysis. This article is dedicated to the genesis and development of impact assessment in the United States, the European Union and Bulgaria.

Suggested Citation

  • Rumen Brussarski, 2018. "Genesis and development of impact assessment," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 3-22,23-40.
    • Handle: RePEc:bas:econth:y:2018:i:1:p:3-22,23-40
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    More about this item

    JEL classification:

    • K00 - Law and Economics - - General - - - General (including Data Sources and Description)
    • K20 - Law and Economics - - Regulation and Business Law - - - General
    • K30 - Law and Economics - - Other Substantive Areas of Law - - - General

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