Regulatory Impact Assessment

Parker, David

Regulatory Impact Assessment

dc.contributor.author	Parker, David
dc.date.accessioned	2008-01-30T11:43:45Z
dc.date.available	2008-01-30T11:43:45Z
dc.date.issued	2006
dc.description.abstract	The cost of regulation is spiralling. Manufacturing, financial services and even small businesses are struggling to keep pace with the time consuming and financially burdensome cost of new legislation and regulation required by both national government and international bodies such as the European Union. Estimating the full economic costs of regulation – which would include both the administrative costs of managing regulations by Government and the (usually much larger) costs to business of complying with the regulations – is not easy. But undoubtedly the compliance costs are huge and often hidden. In 2005 the British Chambers of Commerce quantified the total costs of regulation on business since 1998 at £39 bn. Sir Digby Jones, the former Director General of the CBI, reported that 95% of business leaders felt that the time they spent dealing with regulation had increased over the past five years and a survey of offshoring work in 2004 by CBI/MORI concluded that regulation in the UK was playing an important part in companies’ decisions to relocate abroad.	en
dc.format.extent	80896 bytes
dc.format.mimetype	application/msword
dc.identifier.citation	David Parker. (2006) Regulatory Impact Assessment. Management Focus, Issue 24, Winter 2006, pp. 4-7	en
dc.identifier.issn	1474-1199
dc.identifier.uri	http://hdl.handle.net/1826/2247
dc.identifier.uri	http://www.som.cranfield.ac.uk/som/news/manfocus/index.asp
dc.language.iso	en	en
dc.publisher	Cranfield School of Management	en
dc.title	Regulatory Impact Assessment	en
dc.type	Article	en