The new aim of the risk regulation management Cover Image

Nowy cel zarządzania ryzykiem regulacyjnym
The new aim of the risk regulation management

Author(s): Stanisław Kasiewicz
Subject(s): Economy
Published by: Szkoła Główna Gospodarstwa Wiejskiego w Warszawie
Keywords: risk regulation; management; aim; public finance; RIA; government

Summary/Abstract: Regulatory Impact Assessment (called shortly in Polish as OSR) is an instrument improving the law. It have been developing very quickly in Poland since our country became the member of OECD (November 1996) and of the European Union (May 2004). Poland build special institutional infrastructure to evaluate new regulations. This year about 1000 of administrative people will be trained in applying the rules of OSR. It is observe that part of regulations in force includes information about the results of the OSR. The purpose of this paper is to change practice in the methodological issue aiming to choose the best law alternative for the society. The author recommends two main solutions. First proposal is to implement in evaluation of law projects risk issues. The second is to change aim of the regulation risk. Recently, in practice conservative approach to the risk regulation dominates. This approach leads to minimizing not only the value of losses but also costs of reducing or avoiding risk. In the article it is stated, that better solution is to add also direct and indirect benefits of risk reduction activities. As a result, the new aim is to minimize differences between losses and all identified benefits in long horizon.

  • Issue Year: XI/2010
  • Issue No: 2
  • Page Range: 139-150
  • Page Count: 12
  • Language: Polish