To Prevent, to Repair, or to Start Over: Should Georgia Put ‘Maintenance’ Ahead of ‘Investment’ in Its Development Dictionary?
ISET’s Senior Researcher Maka Chitanava discussed the importance of a Regulatory Impact Assessment (RIA) for evidence-based policy making. RIA is a process of evidence-based policy making, which helps in complying with better regulation principles and designing better regulations. The role of an RIA is to provide a detailed and systematic appraisal of the potential impacts of a new regulation in order to assess whether the regulation is likely to achieve the desired objectives. Starting from 2017, the Parliament of Georgia intends to continue to work on RIA legislation.
While talking with Maestro TV, Ms. Chitanava explained the necessary steps of implementing the RIA process, specifically when it should be carried out and what its benefits for society might be. In addition, she also reviewed RIA experience in Georgia.
Watch the video from Maestro TV to learn more.