A Review of Recent Literature in Regulation: The OECD and Regulatory Reform

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The Organisation for Economic Development and Cooperation (OECD) is recognized as an influential global actor in the area of regulatory policy. This Regulatory Brief discusses the OECD's most recent attempts to grapple with the widespread failure of regulatory systems in the face of the 2007 economic collapse and considers how Canada is addressing the need for a regulatory rethink in the face of the OECD's recommendations. Specifically, it compares OECD's 2012 Recommendations of the Council of Regulatory Policy and Guidance against the Government of Canada's present regulatory approach.