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Blog Post
November 17, 2021
Governments use corrective taxes to reduce the use of products that harm well-being and create costs not just to society at large (externalities) but also to individual consumers who may underestimate the future health consequences of their current consumption. Taxes on gas to reduce pollution or on...
POLICY PAPERS
November 17, 2021
Behind the daily trauma of COVID-19 lies a larger and longer-lasting global health challenge resulting from the consumption of tobacco, alcohol, and sugar-sweetened beverages. Using a sample of 25 large advanced and emerging market economies accounting for three-quarters of global GDP, we show that ...
Blog Post
November 10, 2021
Tobacco use is the world’s leading cause of preventable death, claiming eight million lives per year, which together with tobacco-attributable disability is equivalent to an annual global productivity loss of 1.8 percent of GDP. Extensive evidence shows that tobacco taxation is the most effective an...
POLICY PAPERS
March 01, 2021
The Covid-19 pandemic has led to large budget gaps in low- and middle-income countries, with revenues projected to be reduced for years to come. This is the moment for policymakers to consider whether health taxes—levied on tobacco products, alcoholic and sugar-sweetened beverages, and polluting fue...