The first chapter of "Government of Risk" focuses on introducing the concept of risk and risk-based regulation . It explains how risk has become a crucial aspect of modern governance, and how it has led to the development of risk-based regulation. The chapter also discusses the different types of risk, such as objective and subjective risks, as well as the challenges of measuring and managing risk. On the other hand, the second chapter of the book provides case studies and examines the challenges and limitations of risk-based regulation. It explores how risk-based regulation has been applied in various fields, including environmental protection, food safety, and financial regulation. The chapter also analyzes the effectiveness of risk-based regulation, its limitations, and the potential unintended consequences. While the first chapter sets the stage for the book by introducing the concept of risk and risk-based regulation, the second chapter provides a more detailed analysis of practical applications and implications. It presents case studies that help the reader understand how risk-based regulation works in practice and the challenges it faces. Overall, the two chapters complement each other and provide a comprehensive understanding of risk-based regulation.
