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Paper for the Perspectives for Change Conference, sponsored by the New Zealand Drug Foundation and the Alcohol Liquor Advisory Council, 25-27 November, 1991.

Keywords Health, Taxation & Regualtion

This paper does not pursue the ‘why’ or ‘whether’ policy issues of the additional regulation of licit drugs such as alcohol and tobacco, except insofar as that is relevant to the ‘how’ of regulation. The paper focuses on only one aspect of the how, the use of ‘economic instruments’ of regulation.