Regulation - Less is More. Reducing Burdens, Improving Outcomes
On 16 March 2005, the Better Regulation Task Force (BRTF) published a
report (Regulation: less is more: reducing burdens, improving
outcomes) which calls for the government to slash the
administrative costs it imposes on business, potentially increasing
GDP by more than
1% over the medium term.
The two key conclusions of the report are:
- Government should adopt the successful Dutch approach of
reducing the administrative burden of regulation and its cost.
This involves first measuring the administrative burden and then
setting a target to reduce it.
- Government should also apply a 'One in One out' approach to
new regulation, with Ministers and departments giving as high a
priority to simplifying or removing over-complex and burdensome
regulation as they do to the introduction of new.
The full report [286KB PDF] can be viewed on the Better
Regulation Task Force website