OECD Reviews of Regulatory Reform
Subtitle: Regulatory Reform in Japan 1999
By: Organisation for Economic Co-operation and Development
Series: OECD reviews of regulatory reform; OECD Reviews of Regulatory Reform
Publisher: OECD Publishing
Published: 1999
Place of publication: Paris
Language: eng
Format: [electronic resource] /
Number of pages: 360
ISBN-13: 9789264173712
Subjects: Governance
Description: OECD's 1999 review of regulatory reform in Japan. It finds that regulatory reform is at the heart of Japan’s strategy for economic recovery and long-term growth. Identified as a priority by the Japanese Government as early as 1994, considerable progress in regulatory reform has already been made. But today it is essential that regulatory reform be deepened and accelerated. This report calls for a "sharp break" with the regulatory practices and doctrines of the past. Energetic measures, including both sectoral reform and reform of framework conditions, need to be adopted quickly to complete the transition from a state-led growth model, now largely ineffective, to a market-driven growth model, the only model capable of laying the foundation for sustainable competitiveness and prosperity in Japan. Japan was one of the first OECD countries to request a broad review by the OECD of its national regulatory practices and domestic regulatory reforms. This report -- the result of intensive assessment by the OECD and review by its Member countries -- is unique in that it presents an integrated assessment of regulatory reform in framework areas such as the macroeconomic context, the quality of the public sector, competition policy and enforcement, and integration of market openness principles in regulatory processes, and in sectors such as electricity and telecommunications. The policy recommendations present a balanced plan of action for both short and longer-term based on best international regulatory practices.
Table of contents: title: Executive Summary; title: Chapter 1. Regulatory Reform in Japan; title: Chapter 2. Goverment Capacity to Assure High Quality Regulation; title: Chapter 3. The Role of Competition Policy in Regulatory Reform; title: Chapter 4. Enhancing Market Openness Through Regulatory Reform; title: Chapter 5. Regulatory Reform in the Electricity Industry; title: Chapter 6. Regulatory Reform in the Telecommunications Industry; title: Chapter 7. Conclusions and Policy Options for Regulatory Reform in Japan