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Russia consider vodka price caps

Geoff Riley

25th December 2014

Price vodka too high and you risk high prices the consumption of illegal and possibly unsafe alcohol. Price it too low and your encourage excessive consumption in a country already beset with endemic health problems in large part created by alcohol consumption.

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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