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OECD Digital Economy Papers No. 90Regulatory Reform as a Tool for Bridging the Digital DivideOECDhttps://dx.doi.org/10.1787/232862231573REGULATORY REFORM AS A TOOL FOR BRIDGING THE DIGITAL DIVIDEORGANISATION
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01
Identify the regulatory areas that require reform.
02
Gather data on the current regulations and their impacts.
03
Engage stakeholders to discuss their needs and perspectives.
04
Draft a proposed reform plan with clear objectives.
05
Review the draft with relevant experts for feedback.
06
Modify the reform plan based on feedback.
07
Prepare a formal proposal for submission to the regulatory body.
08
Communicate the benefits of the reform to the public and stakeholders.
09
Implement the approved reforms with a clear timeline.
10
Monitor and evaluate the impacts of the reforms regularly.

Who needs regulatory reform as a?

01
Businesses seeking to reduce compliance burdens.
02
Government agencies wishing to streamline processes.
03
Consumers advocating for safer and more effective products.
04
Non-profit organizations aiming for more equitable regulations.
05
Stakeholders interested in fostering innovation in their industries.
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Communities affected by outdated or restrictive regulations.
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Regulatory reform refers to the process of changing existing regulations or policies typically to improve efficiency, reduce costs, and promote innovation while ensuring public interest and safety.
Organizations and businesses subject to specific regulations imposed by government agencies are required to file regulatory reform documentation.
To fill out regulatory reform, you need to gather required information, fill in designated forms accurately, provide necessary supporting documentation, and submit them to the appropriate regulatory body.
The purpose of regulatory reform is to simplify, improve, or eliminate outdated regulations to enhance economic efficiency, reduce administrative burdens, and facilitate better compliance.
Information that must be reported typically includes the nature of the regulation being reformed, potential impacts on businesses, compliance strategies, and any anticipated benefits or savings.
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