Current issues in assessing the regulatory burden on business

Abstract

In the article, the authors draw attention to the problem of the quality of regulation from the perspective of applying regulatory impact analysis to assess the regulatory burden. They find confirmation of the theory of effective regulatory policy for actively stimulating entrepreneurial activity, which provides a reliable basis for developing the country's economy. The authors of the study analyzed the electronic licensing portal of the Republic of Kazakhstan to assess the regulatory burden of complying with permitting requirements. The study shows the need to implement innovative solutions when assessing the regulatory burden. One of the modern trends in improving the practice of Regulatory Impact Assessment (RIA) is the automation of the analysis process, including the assessment of the consequences of regulatory initiatives. The authors conclude that it is possible to increase the effectiveness and efficiency of applying regulatory impact analysis through a qualitative assessment of the regulatory burden.