In the Netherlands, the Bureau for Economic Policy Analysis (CPB) is an independent part of the ministry of economic affairs, which regularly analyses the costs and benefits of policy initiatives. In Germany, the National Regulatory Control Council (Normenkontrollrat) is tasked with the quantification of the administrative costs of regulatory initiatives.
BIS Review 74/2000  4  Another important challenge for monetary policy will be to keep demand and supply here at home in balance at a time when the application of new technology may well be transforming Canada’s economy and moving it onto a higher growth path. But we are not sure of that yet.