Effective regulations necessary for sustainable development, PIDS says

by Butch D. Enerio, September 9, 2015
THE Philippine Institute for Development Studies (PIDS) has underscored the importance of effective policy decisions of government for development.Dr. Danilo Israel, PIDS senior research fellow, told the Talakayan sa PIA in Cagayan de Oro that policy research is an important requirement for an effective planning and policymaking and it should be evidence-based.
“It also aims to make people become aware of the importance of research evidence in crafting programs and policies for the consumption of our country’s leaders for them to better serve the public,” Israel said.
The PIDS is observing its 13th Development Policy Research Month.
Israel said this year’s theme, “Tamang Regulasyon Para Sa Patuloy Na Pag-ahon,” is appropriate in the light of the impending integration of the countries that comprise the Association of Southeast Asian Nations (ASEAN).In his paper, “Reduce Regulatory Burden, Improve Regulatory Quality,” PIDS President Gilbert Llanto underlined the need to review and reform existing regulations to establish a coherent and effective regulatory management system.|
“Regulatory reforms are important component of efforts to improve the country’s investment climate and critical step toward establishing regulatory coherence in the future Asean Economic Community (AEC),” Llanto said.
Israel said regulations could be improved by addressing the most important components in the regulatory process – design and implementation.“But regulations are not meant to last forever, nor can they be truly designed to perfection,” he said, adding that “they should be subjected to systematic and continuous review to evaluate it they continue to be effective. In cases when they are costlier than beneficial, regulations must be subject to reform.”//

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