In: Economics
What is the broader background and context for the reframing of public policy (environmental, social, economic) using a “wellbeing” lens – i.e. what triggered/motivated this change in the “evaluative framework” for public policy?
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The process of policymaking is a complex ordeal involving many
steps. The basics steps are as follows: the identification of the
policy problem, problematization, identifying various alternatives
to address the problem, applying policy tools like CBA(Cost Benefit
Analysis) or CEA(Cost-effectiveness analysis) assess the various 2
alternatives, selecting and implementing the best alternative and
policy evaluation to measure the worth, utility and merit of that
policy by looking at how it stands on the three pillars of
efficiency, equity and fairness. In a democratic setup taking into
consideration the pluralistic nature of the people's social,
economic and political preferences, the various stakeholders like
politicians, civil servants, lobbyists, area experts, and the
industry or area representatives, use a variety of tactics and
tools to advance their aims, including advocating their positions
publicly,
attempting to educate supporters and opponents, and mobilizing
allies on a particular issue; which in turn affects the
policymaking process and the goals it sets out to achieve. A proper
understanding of public policy would then require us to pay close
attention to how the world works and how things reach a consensus
or a decision. Who are the relevant actors? How institutions are
set up and for what purpose? And, whether these institutions work
in their
intended manner and how it is measured? With this overview of
ethics, public policy and the complexities of policy formulation
and implementation, we can argue that ethics and public policy are
interrelated and that public policy
making is not just about maintaining a plurality of interests in
society. In a pluralist, democratically governed society, people
might be more free than ever, thus as a result they have to bargain
hard between different interest groups and finally reach a
justiciable consensus. But considering the pluralistic nature of
such a setting, individuals and groups will be having different
moral stances and thus different principles of what is justifiable
to them. Take the case of reservation in India, it was implemented
to correct the injustices that the lower caste communities had to
endure in the past. It is opposed in the sense that it is unjust to
reserve opportunities that are to be equally divided. In such
cases, if the plurality of interests without any ethical
considerations is what matters, it will give way to policies (or
none) which won’t align with equity and fairness, two important
pillars of public policy .