Friday, 13 February 2015

What is public policy?

Declared State objectives relating to the health, morals, and well being of the citizenry. In the ...

 
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Friday, February 13, 2015
 
Term of the Day

public policy

Declared State objectives relating to the health, morals, and well being of the citizenry. In the interest of public policy, legislatures and courts seek to nullify any action, contract, or trust that goes counter to these objectives even if there is no statute that expressly declares it void.
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Usage Example
Ford School of Public Policy at the University of Michigan.
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Largest component of a country's current account in its balance of payments (BOP) accounts, it shows the difference between export earnings and import expenditure.
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