Regulatory Quality Index: Methodology and Implementation Guide for European Countries
The Regulatory Quality Index is a technical tool to measure the regulatory performance of a given country, developed in Greece by KEFiM – Markos Dragoumis.
The index is composed of 67 variables, from which 50 of them are evaluated. The total score of each law is given to 0-to-100 scale. This guide provides the fundamental methodological and technical instructions to measure the regulatory quality performance of a country. The Regulatory Quality Index has already been implemented and presented in Greece for all laws enacted through the Greek parliament during 2018.
This guide focuses on the methodological framework for the best practices on regulation and on the way the Regulatory Quality Index was implemented in the Greek case. It also presents a road-map for other think tanks or organizations to adjust the Index to their own regulatory frameworks. More specifically it examines its adaption, implementation and promotion to the regulatory frameworks of Bulgaria and Turkey.