Regulatory impact analysis and economic studies help departments and agencies identify ways to make regulations and programs more effective and efficient, so they better meet the government’s often conflicting objectives.
Subject matter experts are often not policymakers and need support and guidance to understand how their proposed initiatives will work when they business must comply with them.
Comprehensive socioeconomic analysis can be used to break deadlocks between the government and key stakeholders by informing decision makers about how each will be impacted. It can clarify the pros and cons of a policy and identify who will be affected.
Services to government include:
- Cost-benefit analysis and RIAS: Performing a thoughtful and thorough cost-benefit analysis of a regulation or policy proposal.
- Training and guidance: Providing training courses on measuring administrative burdens, benefits and costs of programs and regulation.
- Stakeholder identification: Identifying key stakeholders and their motivations.
- Regulatory policy analysis: Making recommendations on how to establish a public governance structure to support good regulation and decision making.
Envelope Economics 