Original article Law and Economics

GENESIS AND DEVELOPMENT OF IMPACT ASSESSMENT

Rumen Brusarski - University of National and World Economy
Received: 07 Jun 2022
Revised:
Published:
Downloads: 0
Citations: 0
Issue 1/2018
JEL K00 K20 K30
DOI https://doi.org/10.56497/etj1863101

Abstract

During the 70s of the twentieth century economists realized that public expenditures and rulemaking have similar effects on resource allocation and equity. Thus, the process of creating regulations entered the orbit of the economic cost-benefit analysis. This article is dedicated to the genesis and development of impact assessment in the United States, the European Union and Bulgaria.

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