© 2001

Principles of Public Policy Practice


Table of contents

  1. Front Matter
    Pages i-xvii
  2. Introduction

    1. Lok Sang Ho
      Pages 1-6
  3. The Theory of Public Policy Design

    1. Front Matter
      Pages 7-7
    2. Lok Sang Ho
      Pages 9-18
    3. Lok Sang Ho
      Pages 19-36
  4. Microeconomic Risk Management

    1. Front Matter
      Pages 57-57
    2. Lok Sang Ho
      Pages 71-76
    3. Lok Sang Ho
      Pages 77-86
  5. Macroeconomic Risk Management

    1. Front Matter
      Pages 99-99
    2. Lok Sang Ho
      Pages 101-108
    3. Lok Sang Ho
      Pages 129-132
  6. Resource Allocation and Redistribution

    1. Front Matter
      Pages 133-133
    2. Lok Sang Ho
      Pages 135-142
    3. Lok Sang Ho
      Pages 143-151

About this book


Principles of Public Policy Practice was written with policy makers, concerned citizens, and students of public policy in mind. Striving to avoid technical language, the author introduces a new paradigm that starts from the commonality of human nature and the assumption that public policy should be impartial. Rather than playing the interests of one group versus those of another, he argues convincingly that public policy should aim at enhancing the ex ante welfare for everyone if everyone did not know the position or the identity one would assume.
Using this conceptual device of the representative individual, the analysis readily leads to policy implications that are both reasonable and concrete in diverse areas ranging from health care, crime and punishment to macroeconomic and financial market stability. The book concludes with a chapter summarizing the various principles of public policy practice that will meet the challenges of the new millennium. These principles, certainly of interest to academics in social sciences who are studying public policy, political economy, international financial systems, and capital markets, should appeal equally to practitioners, including public policy makers, consultants, advisers, administrators, and public service trade unions.


Depression Government Inflation Policy political economy

Authors and affiliations

  1. 1.Center for Public Policy StudiesLingnan UniversityHong Kong

Bibliographic information