1. Functional health and the health stock -- 2. A framework for risk and health policy analysis -- 3. Insurance, moral hazard and adverse selection -- 4. Health policy evaluation -- 5. Health policy in mainland China, Hong Kong and Taiwan : settling down to a model? -- 6. Publicly funded...

Happiness is a private matter and individual pursuit; however, public policy does have an important role and can contribute much through various enabling means. This volume discusses the determinants of happiness and presents case studies of how public policy can help promote happiness.

The Asian crisis of 1997-1998 was a major influence on macroeconomic thinking concerning exchange rate regimes, the functioning of international institutions, such as the IMF and the World Bank, and international contagion of macroeconomic instability from one country to another. Exchange Rate...

Lok Sang Ho argues that the bailout plan merely buys time. Other policies to stop the hemorrhage stemming from the housing market and to restore interest in home-buying in the short term are necessary.

Lok Sang Ho of Lingnan University takes issue with Edward Glaeser and Joseph Gyourko for their free-market views of housing, and argues that a price floor could be cheaper than you might think.