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Introducing EU Reduction Targets on Regulatory Costs: A Feasibility Study

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  • Renda, Andrea

Abstract

This report looks at the feasibility of a European Commission initiative aimed at adopting net reduction targets for regulatory costs. As many as 14 alternative options are compared in terms of their comprehensiveness, accuracy, methodological simplicity, timeliness of implementation and compatibility with existing political commitments. The study calls for the adoption of a sequential approach to cost reduction, which implies that the Commission starts setting reduction targets in selected policy areas as early as the end of 2017, and gradually builds capacity over time on the quantification of regulatory costs for all the relevant EU acquis. The report was commissioned by RegWatchEurope, the banner under which Europe’s seven independent national advisory boards coordinate to address and maximise the benefits of Europe’s ‘smart regulation’ agenda and reduce regulatory burdens.

Suggested Citation

  • Renda, Andrea, 2017. "Introducing EU Reduction Targets on Regulatory Costs: A Feasibility Study," CEPS Papers 12740, Centre for European Policy Studies.
    • Handle: RePEc:eps:cepswp:12740
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    File URL: https://www.ceps.eu/system/files/RR_%20REGULATORY%20COSTS.pdf
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    References listed on IDEAS

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    1. Cesar Cordova-Novion & Stephane Jacobzone, 2011. "Strengthening the Institutional Setting for Regulatory Reform: The Experience from OECD Countries," OECD Working Papers on Public Governance 19, OECD Publishing.
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    Cited by:

    1. Giulia Listorti & Egle Basyte‐Ferrari & Szvetlana Acs & Paul Smits, 2020. "Towards an Evidence‐Based and Integrated Policy Cycle in the EU: A Review of the Debate on the Better Regulation Agenda," Journal of Common Market Studies, Wiley Blackwell, vol. 58(6), pages 1558-1577, November.

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