Institutions to promote regulatory reform in Colombia

Chapter 4 describes the organisation of the government in three branches, executive, legislative and judicial, as well as their role in promoting regulatory improvement. It provides a detailed analysis of the organisation and governance of regulatory agencies, namely ministries and regulatory commissions, and supervisory bodies, called Superintendencias, as well as their synergies and the co-ordination challenges in the functioning of these different entities. Finally, the chapter provides recommendations to strengthen the institutional set up for regulatory reform, upgrade co-ordination mechanisms, and advance accountability and autonomy of regulatory bodies.

Institutions and mechanisms to promote regulatory reform

The 2012 OECD Recommendation of the Council on Regulatory Policy and Governance (OECD, 2012b) advises governments to “establish mechanisms and institutions to actively provide oversight of regulatory policy procedures and goals, support and implement regulatory policy, and thereby foster regulatory quality.” Details of this recommendation are described in Annex 4.A1.

As noted above, Colombia does not have a single institution in charge of regulatory quality and an accompanying specific oversight role. Various institutions are in charge of different policies related to advancing the quality of regulations, but there is room for improvement in terms of co-ordination and coherence of such efforts. The lack of a single, coherent regulatory policy might also explain the current institutional arrangements, which in turn explains the lack of a comprehensive approach to regulatory governance in the country.

 
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