World Experience in Assessing the Effectiveness of Regulatory Policy in the National Economy

Abstract

The world experience of evaluating the effectiveness of regulatory policy in the national economy is studied. The relevance of the article lies in the need to synchronize the regulatory policy of Ukraine and the EU in conditions of accelerated European integration. The purpose of the article is to summarize the global experience of assessing the effectiveness of regulatory policy in the national economy. The research methodology is represented by the methods of theoretical generalization, comparative analysis, abstract-logical. As a result of the study, it was found that the effectiveness of the regulatory policy is still a debatable issue, since each author proposes to evaluate it based on key indicators of the socio-economic development of those sectors of the economy that are the objects of the study. It was determined that the interstate GIRG index determines the effectiveness of regulatory activity in the vast majority of countries of the world using a process approach. That is, compliance with all necessary procedures for communication with the public is taken into account. It is substantiated that there is a certain statistical dependence between the GIRG index and the state of socio-economic development, however, its nature in some cases is not clearly expressed. This is due to the following reasons: a significant lag between changes in the state regulatory policy model and economic development; different types of government, geographical and natural conditions, national and religious differences, etc.   Attention was drawn to the fact that in 2019, the methodology for calculating the general rating indicator of the EBA was changed in order to better assess the impact of regulatory policy on the activities of agro-industrial enterprises. This makes it impossible to analyze target indicators in dynamics. In the process of research, it was found out that the best positions in Ukraine are occupied by phytosanitary legislation according to the results of the analysis. Regulatory norms regarding the registration of agricultural machinery were also noted for their high level of efficiency. As a result of the conducted research, it was concluded that the practice of perspective planning in Ukraine today is not generally accepted among state authorities that are endowed with regulatory functions. In addition, it was concluded that the basis of the strategy for ensuring effective regulatory policy in Ukraine should be deregulation.