What is the influence of Regulatory Impact Analysis in the Relgov area?

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One of the main pillars of the Brazilian economy is provided for in the Federal Constitution: the foundation of free enterprise. This means that any actor in society has the freedom to undertake, produce and sell goods and services, participating and actively contributing to the strengthening of the market.


Although freedom is a vital element to ensure that the economic order is effective, there are, however, a series of activities that require a greater state presence through regulation — which arises predominantly to correct possible market failures or even to avoid them.


In this way, regulation is a public administration instrument to ensure market efficiency, improve legal certainty and foster economic growth, generating positive effects for society.


The absence of a properly regulated environment can have bahamas mobile database negative impacts on the economy, creating distortions in the market and, consequently, on the country's progress. To give you an idea, according to a study carried out by the Special Secretariat for Productivity, Employment and Competitiveness (SEPEC), in 2020, the Brazilian Cost of Doing Business cost companies R$1.5 trillion — equivalent to 22% of the Gross Domestic Product (GDP). Of this amount, there is a cost difference of between R$160 and R$200 billion per year, in relation to the average of countries in the Organization for Economic Cooperation and Development (OECD), to operate in an effective legal-regulatory environment.


The OECD has been dedicated to improving regulatory quality and, through the document Recommendation of the Council on Improving the Quality of Government Regulation , from 2020, the organization suggests that good regulation should “seek to solve problems, be based on a solid legal basis, be clear and understandable to those regulated, be transparent, with adequate procedures for the manifestation of stakeholders and interested groups”, among other aspects.