Regulatory Analysis

Regulatory analysis is the process of evaluating the impacts and effectiveness of regulations set by governments or agencies. It involves examining how these rules affect businesses, individuals, and the environment. The goal is to ensure that regulations achieve their intended outcomes, such as improving safety or protecting public health, without imposing unnecessary burdens. Analysts assess costs, benefits, and potential alternatives to help policymakers make informed decisions. Ultimately, regulatory analysis aims to create fair and effective regulations that balance societal needs with economic growth.