THE ESSENCE AND ROLE OF REGULATORY REFORM

                            Rodica Tiron, Lecturer PhD Student
                          Academy of Economic Studies of Moldova
                                   rodica_z@yahoo.com


ABSTRACT: This paper presents the essence and the role of regulatory reform in the process
of regulations in economy doing by government. The article analyses the theoretical aspects
according to the stages of regulatory reform, such as: deregulation, regulatory quality
improvement, regulatory management. Regulatory reform can help address regulatory
deficiencies that negatively affect the overall competitiveness of firm on the national or
international place. We consider, that the complex approach of the regulatory reform process,
with the involvement of public authorities and the representatives of the private sector, will
contribute substantially at the reduction of the barriers in the lasting development and will
create real premises of the economic increase of the country.

Key words: regulatory reform, stages of regulatory reform, deregulation, quality of regulations,
principles of regulation, regulatory management.

JEL codes: G38