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| Regulatory Impact Analysis× | Benefit-Cost Analysis for Policy× | |
|---|---|---|
| Bidang | Public Policy | Public Policy |
| Keluarga | Process / pipeline | Process / pipeline |
| Tahun asal≠ | 1995 | 2018 |
| Pencetus≠ | Government regulatory-reform practice; standardised by the OECD | Welfare-economics tradition; Boardman, Greenberg, Vining & Weimer (synthesis) |
| Tipe≠ | Systematic ex-ante appraisal of proposed regulation | Monetised economic appraisal of policy options |
| Sumber perintis≠ | OECD (2020). Regulatory Impact Assessment, OECD Best Practice Principles for Regulatory Policy. Paris: OECD Publishing. DOI ↗ | Boardman, A. E., Greenberg, D. H., Vining, A. R., & Weimer, D. L. (2018). Cost-Benefit Analysis: Concepts and Practice (5th ed.). Cambridge: Cambridge University Press. ISBN: 9781108415996 |
| Alias≠ | RIA, Regulatory Impact Assessment, Impact Assessment of Regulation | Cost-Benefit Analysis in Policy, Policy Benefit-Cost Analysis, Social Benefit-Cost Analysis, BCA |
| Terkait≠ | 4 | 3 |
| Ringkasan≠ | Regulatory impact analysis (RIA) is a systematic process for appraising the likely costs, benefits and effects of proposed regulation before it is adopted. Promoted by the OECD as a cornerstone of good regulatory governance, it requires governments to define the problem a regulation is meant to solve, set out alternative options including non-regulatory ones, assess the impacts of each against a do-nothing baseline, consult affected parties, and recommend the option that delivers the greatest net benefit. RIA aims to ensure that new rules are evidence-based, proportionate and justified rather than imposed without examination of their consequences. | Benefit-cost analysis (BCA), also called cost-benefit analysis, is a systematic appraisal that values all the material consequences of a policy in money, discounts them to present value, and recommends the option with the greatest net social benefit. Grounded in welfare economics and the compensation principle, it asks whether the gains to those who benefit exceed the losses to those who bear the costs across society as a whole. Set out comprehensively in Boardman, Greenberg, Vining and Weimer's standard textbook and operationalised by government guidance such as the UK Treasury's Green Book, BCA is the principal efficiency test applied to public investments and regulations. |
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