Description:
The ex-post impact assessment of the
Limiting Administrative Regulation and Administrative
Control on Economic Activity Act (LARACEAA) is part of the
World Bank's support to the Government of Bulgaria
through on-going analytical and advisory work in the area of
regulatory reform. The purpose of the present ex-post impact
assessment of the LARACEAA is to: (i) assess how the Act has
been enforced, (ii) identify and estimate the impacts of the
Act, and (iii) provide recommendations for amendments to the
Act. Chapter one emphasizes the importance of the Act as
part of the Bulgarian Government's role in advancing
regulatory reform and improving the business environment;
gives the scope of the assessment and presents the sources
of information utilized; and delineates general limitations
of the analysis. Chapter two outlines a policy framework by
discussing coherence with the Governmental and European
Union (EU) policies, as well as touching upon relevant
documents on regulatory reform, followed by analysis of the
goal and objectives of the Act, and identification of
performance indicators for the measurement of the impact of
the Act. Chapter three depicts the results of the ex-post
impact assessment, while the final chapter four identifies
the main problem; discusses underlying drivers and effects
of the problem; and proposes recommendations for amendments
to the Act.