REGULATORY IMPACT ASSESSMENT AS THE IMPORTED INSTITUTE: REFORM EXPERIENCE IN EAEC-COUNTRIES

Abstract

The article discusses the necessity and importance of the implementation of Regulatory Impact Assessment (RIA) in Russia and Kazakhstan as institutional tool for improving the state regulation. The history of the institution of regulatory impact analysis in OECD member countries are presented, as well as elements of the practical application of the Regulatory Impact Analysis Institute of the Russian Federation and the Republic of Kazakhstan. Showing meaningful approaches to the term RIA, both in the scientific literature and in the formal institutions. The importance of cost-benefit analysis for the development of the business environment and increase the efficiency of the economic system are underlined. Analysis of formal institutions and presents the author's algorithm, concerning the rules for RIA. Substantiates the success of the relationship of the business sector from the State's ability to consistently reduce the administrative burden and shows the importance of social control capacity to improve the quality of government regulation.