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APEC Region: Linkages Between Good Regulatory Practices and Trade (APEC) and “Baseline Study” of Each of All 21 APEC economies

USTR (US Office of the Trade Representative) wished to emphasize good regulatory practice when the United States chaired the 2011 APEC meeting. It contracted with Jacobs, Cordova & Associates to prepare the documents for APEC discussions. Based on the 2005 APEC-OECD Integrated Checklist on Regulatory Reform, which lays out a voluntary GRP framework for self-assessment on regulatory quality, competition policy, and market openness, Jacobs, Cordova & Associates reviewed the application of selected GRPs across the 21 APEC member economies, producing a review for each country and a summary report. The Checklist and our report focused on several procedures that promoted regulatory quality standards particularly important to trade and investment such as accountability, consultation, efficiency, and transparency. Our study will be updated in three years to provide a baseline of progress over time. The bound Baseline Study was given to APEC Ministers, who then produced an unprecedented statement on GRP and regulatory cooperation. President Obama hosted a luncheon discussion among Leaders on “Regulatory Reform and Economic Growth” based in part on our study. APEC, USAID, 2011-2012. Download the report here: http://aimp.apec.org/Documents/2011/SOM/CSOM/11_csom_032.pdf.

In a second document published in 2012

(see http://publications.apec.org/publication-detail.php?pub_id=1266), we explored systematically the linkages between the TBT Agreement and GRPs and laid out these linkages in a more operational approach than the previous APEC documents. Our document linked substantively the TBT obligations with actual good regulatory practices that might be considered by APEC members. Our work fully integrated the GRPs used by the regulatory reform community and those recommended by the trade community.  APEC, USAID, 2011-2012

APEC Region, USAID under contract to Nathan Associates, 2011-2012.