Regulatory Effectiveness Index Framework

A form of government failure that occurs when a regulatory agency, created to act in the public interest, instead advances the commercial or political concerns of special interest groups.

Cost-Benefit Analysis

A systematic approach to estimate the strengths and weaknesses of alternatives used to determine options which provide the best approach to achieve benefits while preserving savings.

Stakeholder Engagement

The process by which an organization involves people who may be affected by the decisions it makes or can influence the implementation of its decisions.