Regulatory Policy Analysis

Regulatory Policy Analysis involves assessing government rules and regulations that affect businesses and individuals. It evaluates the purpose of these regulations, their costs, benefits, and potential impacts on society. The goal is to ensure that regulations serve the public interest effectively and efficiently. This process helps policymakers understand the implications of their decisions, ensuring that regulations promote safety, fairness, and economic growth while minimizing unnecessary burdens. Ultimately, it aims to strike a balance between protecting the public and encouraging innovation and competition in the marketplace.