ISET

ISET Economist Blog

A blog about economics in the South Caucasus by ISET
Oct
10

Excise Tax Experiments with the Georgian Beer Industry

During the last 12 months, the Georgian authorities have been conducting interesting experiments designed, so it seems, to test the resilience of domestic beer producers. In September 2014, the industry was hit by Article 171 of the Civil Code, prohibiting alcohol consumption in public places. The beer market, 97% of which is supplied by local producers, has immediately shrank by 22% (in physical volume, see chart), in annual terms. As if that were not bad enough, the Georgian Ministry of Finance had another surprise up its sleeve: a doubling of excise t...
Rate this blog entry:
Recent Comments
Guest — JanFidrmuc
Tax changes aside, the spike in February also coincides with my first visit to Georgia. But I'm sure that is just a coincidence. A... Read More
Saturday, 10 October 2015 8:08 PM
Eric Livny
A Czech economist claims that beer is not healthy?
Monday, 12 October 2015 2:02 PM
Continue reading
1378
2 Comments
Write a Comment

Our Partners