ISET

ISET Economist Blog

A blog about economics in the South Caucasus.
Mar
13

How to Prevent the Tobacco Law from Going Up in Smokes?

BACKGROUND After a hike in excise tax on cigarettes in January 2017, Parliament of Georgia is going to introduce legislative changes to the existing tobacco control law (TCL) in March. Since its enactment in 2003, TCL has been modified several times. However, the recently proposed changes can be considered the most radical step towards a tobacco-free society in Georgia. New draft law comprehensively covers production, packaging, marketing, advertising, selling and consumption of tobacco, and other activities of tobacco businesses. The main changes can be...
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Simon Appleby
Good work Giorgi.Something you did not mention is the long-term effect on the public health system and the public pension.As indiv... Read More
Tuesday, 14 March 2017 11:11 AM
Eric Livny
Sir Humphrey Appleby is a straight shooter! Adorable!!!!
Tuesday, 14 March 2017 2:02 PM
Giorgi Mzhavanadze
Thanks for your comment, Simon.I totally agree with you on necessity to assess/review long-term effects on the public health syst... Read More
Wednesday, 15 March 2017 11:11 AM
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Feb
20

Price and Prejudice on the Georgian Market for Cigarettes

Benjamin Franklin once said, “In this world, nothing can be said to be certain, except death and taxes.” Yet we have a tax that could prevent hundreds of millions of premature deaths. It is time to use it more effectively. -Prabhat Jha It is a truth universally acknowledged, that cigarettes are bad for human health. Yet, whenever the government tries to regulate consumption of cigarettes by increasing their price, it gets a very mixed reaction from the public. Some people (mostly non-smokers) welcome these policies, while others accuse the government of ...
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Mar
23

Smokers in Post-Soviet Countries: Ill-Informed or Just Irrational?

Tobacco consumption is widely known for its negative effects on health. According to the US Center for Disease Control and Prevention, just in the USA an estimated 443,000 people die per year prematurely due to inhaling cigarette smoke. As there are 46 million smokers in the USA, it means that in any given year, the likelihood to “die prematurely” because of one’s smoking habit is almost 1% (under the admittedly strong assumption that these numbers are constant in the long run). If one smokes for 10 years, the probability that one’s life will be cut shor...
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Guest — Eric Livny
Very interesting survey results, Aram! For the story to be a little more "scientific" I would divide the cigarette prices by a mea... Read More
Monday, 23 March 2015 3:03 PM
Guest — Aram Grigoryan
Dear Eric, If we take into account the income differences between post-soviet countries and EU the price difference of cigarettes ... Read More
Sunday, 03 May 2015 4:04 PM
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