Risk-based Regulation:Theoretical Development and Practical Application
Tackling a spectrum of risk challenges has become an increasingly pivotal governance issue facing Chinese path to modernization.Through a review of representative literature of risk-based regulation,this article comprehensively and systematically summarizes the development and practical application of risk-based regulatory governance theory.Firstly,the article posits that the essence of risk-based regulatory theory lies in the rationalization of regulation,which is specifically manifested in the application of risk assessment,especially in the pre-determination of risk control baselines and the principle of proportional allocation of resources.Secondly,this article further outlines the development of really responsive risk-based regulation,the matrix of'good regulatory intervention design'aimed at lowing risks and nudging through risk disclosure,clarifying the evolution of risk-based regulation.This article also pays attention to the adoption paths of risk-based regulation in major European countries,which offers explanations for the differentiated choices made by various countries through the aspect of multiple levels,including governance traditions,organizational structures,industrial impacts,and accountability settings.Finally,drawing insights from the theory and practice of risk-based regulation,this article explores risk-based regulation in the context of the modernization of China's governance.
NETL
NSTL
万方数据
维普
