Analyses | Public administration and legal system | 2018-02-21 | HKEJ

Can ‘one-in, multiple-out’ approach reduce compliance costs?



Even though regulation is necessary, they come at a cost. As time passes, some regulations may no longer be relevant and can be safely discarded or modified to reduce compliance costs. In some countries, governments are even removing or simplifying existing regulations before introducing new ones. How does this approach reshape regulation? 

The full version of the commentary is in Chinese only.