Stakeholder engagement and regulatory policy

Stakeholder engagement is a fundamental pillar of regulatory policy. OECD countries are clearly paying increasing attention to various ways to engage stakeholders in making, implementing and reviewing regulations. Virtually all governments have embraced the principles of open government and better participation in policy making. There are numerous attempts to involve stakeholders both in the process of developing new laws and regulations and in the process of reviewing the regulatory stock. However, there is still some way to go to change the culture and many obstacles to overcome on the way to effective stakeholder engagement. This chapter documents the uptake across OECD members in stakeholder engagement, the challenges faced and areas for further action.