<?xml version="1.0" encoding="utf-8"?><!DOCTYPE Zthes SYSTEM "http://zthes.z3950.org/schema/zthes-1.0.dtd">  <Zthes><term><termId>348</termId><termName>Regulatory Impact Assessment</termName><termType>TT</termType><termLanguage>en-EN</termLanguage><termVocabulary>D4RUNOFF</termVocabulary>	<termStatus>active</termStatus>	<termApproval>approved</termApproval>	<termSortkey>Regulatory Impact Assessment</termSortkey><termNote label="Source"><![CDATA[ <p>"OECD Best Practice Principles for Regulatory Policy". https://doi.org/10.1787/9789264311732-en</p> ]]></termNote><termNote label="Definition"><![CDATA[ <p>When designing a policy, law, regulation or other type of “rule”, governments should always consider its likely effects. Regulatory Impact Assessment (RIA) provides crucial information to decision-makers on whether and how to regulate to achieve public policy goals. RIA examines the impacts and consequences of a range of alternative options. RIA also helps policy makers defend a decision not to intervene in markets where the costs of doing so outweigh the benefits. Regulatory Impact Assessment provides policy makers, civil servants and other public sector practitioners with a practical instrument for better designing and implementing RIA systems and strategies. </p> ]]></termNote><termNote label="Definition"><![CDATA[ <p>When designing a policy, law, regulation or other type of “rule”, governments should always consider its likely effects. Regulatory Impact Assessment (RIA) provides crucial information to decision-makers on whether and how to regulate to achieve public policy goals. RIA examines the impacts and consequences of a range of alternative options. RIA also helps policy makers defend a decision not to intervene in markets where the costs of doing so outweigh the benefits. Regulatory Impact Assessment provides policy makers, civil servants and other public sector practitioners with a practical instrument for better designing and implementing RIA systems and strategies. </p> ]]></termNote><termCreatedDate>Regulatory Impact Assessment</termCreatedDate><relation><relationType>UF</relationType><termId>349</termId><termName>RIA</termName><termType>ND</termType></relation><relation><relationType>RT</relationType><termId>163</termId><termName>Policy making</termName><termType>PT</termType></relation><relation><relationType>RT</relationType><termId>350</termId><termName>Better Regulation</termName><termType>PT</termType></relation></term>  </Zthes>