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@article{ART002156552},
author={Jong-Han Lee},
title={Improving Korean Regulatory Reform Committee for Economic Revitalization},
journal={Journal of Regulation Studies},
issn={1738-7132},
year={2016},
volume={25},
pages={91-118}

TY - JOUR
AU - Jong-Han Lee
TI - Improving Korean Regulatory Reform Committee for Economic Revitalization
JO - Journal of Regulation Studies
PY - 2016
VL - 25
IS - null
PB - 한국규제학회
SP - 91
EP - 118
SN - 1738-7132
AB - We argue that one of the recurrent problems in Korean regulatory reform system comes from the structural incentive-compatibility problem inherent in the Korean Regulatory Reform Committee(KRRC). This organizational problem results in weak performance of the regulatory reform policy. To resolve this problem, we suggest transforming the KRRC’s administrative committee organization to administrative agency organization. If we maintain current organizational form of KRRC, it’s hard to attenuate information problems of the department’s staff in charge of regulatory reform and the Committee’s staff organization. This asymmetric information in the organizations of regulatory reform system renders efficient implementation of the Committee’s reform policy. Transforming KRRC to an administrative agency will enhance regulatory reform capacity and enforce political accountability of the KRRC, which contributes to the reduction of information asymmetry in the process of regulatory reform policy implementation.
KW - Principal-agent theory;Incentive compatibility;Regulatory Reform;Regulatory Reform Committee
DO -
UR -
ER -

Jong-Han Lee. (2016). Improving Korean Regulatory Reform Committee for Economic Revitalization. Journal of Regulation Studies, 25, 91-118.

Jong-Han Lee. 2016, "Improving Korean Regulatory Reform Committee for Economic Revitalization", Journal of Regulation Studies, vol.25, pp.91-118.

Jong-Han Lee "Improving Korean Regulatory Reform Committee for Economic Revitalization" Journal of Regulation Studies 25 pp.91-118 (2016) : 91.

Jong-Han Lee. Improving Korean Regulatory Reform Committee for Economic Revitalization. 2016; 25 91-118.

Jong-Han Lee. "Improving Korean Regulatory Reform Committee for Economic Revitalization" Journal of Regulation Studies 25(2016) : 91-118.

Jong-Han Lee. Improving Korean Regulatory Reform Committee for Economic Revitalization. Journal of Regulation Studies, 25, 91-118.

Jong-Han Lee. Improving Korean Regulatory Reform Committee for Economic Revitalization. Journal of Regulation Studies. 2016; 25 91-118.

Jong-Han Lee. Improving Korean Regulatory Reform Committee for Economic Revitalization. 2016; 25 91-118.

Jong-Han Lee. "Improving Korean Regulatory Reform Committee for Economic Revitalization" Journal of Regulation Studies 25(2016) : 91-118.