Alcohol and Drug policy Flashcards
What is alcohol classified as in economic terms?
Alcohol is classified as a demerit good because society has deemed it harmful.
Why was the alcohol and drugs policy implemented?
To prevent market failure caused by alcohol and drug abuse, reduce strain on healthcare services, and address negative externalities like violence and property damage.
What is minimum unit pricing (MUP) for alcohol in Scotland?
MUP sets a floor price of 50p per unit of alcohol, making it illegal to sell alcohol below this price to reduce abuse and related harm.
When was the minimum unit pricing policy introduced in Scotland?
The policy was introduced on May 1st, 2018.
What are the benefits of the minimum unit pricing policy?
It aims to save lives, lower hospital admissions, reduce alcohol consumption, and lessen harm caused by alcohol abuse.
Why is alcohol taxed more heavily compared to other products?
Alcohol is taxed higher to deter consumers from purchasing and abusing it due to its negative societal impact.
How are drugs classified in economic terms?
Drugs are classified as demerit goods due to their harmful effects and societal burden.
What is the National Naloxone Programme?
Introduced in 2010, it distributes the overdose-reversing drug Naloxone and trains individuals to reduce fatal overdoses in Scotland.
What are MAT standards, and when were they implemented?
MAT standards, implemented in May 2021, combine medications like methadone with counselling to reduce drug dependence and healthcare burdens.
What are the goals of MAT standards?
To reduce addiction, lower demand for drugs, and ease strain on healthcare services.
What are the results of Scotland’s Naloxone and MAT policies?
They have saved lives and reduced overdose deaths but Scotland still faces high rates of drug-related fatalities.
What are negative externalities associated with alcohol abuse?
Violence, property destruction, and strain on the NHS due to overuse and medical visits.
Why is minimum unit pricing effective?
It prevents the sale of cheap, high-strength alcoholic drinks, reducing consumer abuse and harm.
What is the economic rationale behind taxing demerit goods like alcohol and drugs?
Higher taxes discourage consumption by increasing the cost and addressing societal harm caused by these goods.
What is Naloxone used for?
Naloxone is used to reverse overdoses and prevent fatal outcomes.
