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"establish the policy" is correct and usable in written English.
You can use it whenever you need to describe a process of creating or declaring a policy. For example, "The director was tasked to establish the policy for vacation days for the entire department."
Exact(1)
As an example, a business rule can establish the policy of sales discount, the commercial conditions for credit sales, the establishment of a minimum value of an order, among others.
Similar(59)
Embrace the new technology but establish the policies to manage the employees' responsibilities.
Greg relied upon Mike Byrd, Brocade's chief financial officer, to establish the policies for the manner in which Brocade would account for all stock option grants.
Undoubtedly, the UK Treasury deserves considerable credit for having established the policy principles for dealing with this crisis, which have now been adopted by the governments of the eurozone.
Mr. Baen, anticipating the power of the online media, established the policy two years ago of buying all electronic rights when it strikes a book deal with an author.
Having established the policy focus of this contribution, it is more than likely that integration outcomes are susceptible of other explanations.
We established the policy effect by comparing it before (March 2012) with after(21 months later-December later-December 2012
The extent and nature of press coverage of issues cues popular opinion and establishes the policy relevance of those issues, 17 21 in particular increasing attention to existing problems and fostering demands for political action.
This affects the commitment to the European Union' s traditional priorities and, in particular, to basic challenges such as combating unemployment, promoting economic and social cohesion, adequately preparing for enlargement and establishing the policy for cooperation that is so essential.
Acheson subsequently established the policies of nonrecognition of China and aid to the Nationalist regime of General Chiang Kai-shek on Taiwan; later he also supported U.S. aid to the French colonial regime in Indochina.
The private sector is interested in the topic and eager to help, but the government establishes the policies, sets the priorities, and spends most of the money.
More suggestions(17)
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com