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July 15, 2026
Economists Propose More Effective Approach to Reducing Smoking
Economists at HSE University have examined how smokers respond to changes in cigarette prices. When tobacco prices increase, cigarette consumption does not always decline. In fact, spending on tobacco may even rise: according to the researchers, a 1% decrease in cigarette affordability leads to a 0.28% increase in per capita tobacco expenditure. The findings suggest that to reduce smoking rates, tobacco prices must rise faster than household incomes. The study has been published in Voprosy Statistiki.
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The Georgia-Russia standoff and the future of Caspian and Central Asian Energy supplies: The case of Kazakhstan

Geopolitics of Energy. 2008. Vol. 30. No. 10-11. P. 7–12.
Yenikeyeff S.

According to Dr Shamil Yenikeyeff, the latest military conflict between Georgia and Russia over the autonomous region of South Ossetia highlights the general political and ethnic instability in the region. This instability is likely to have a serious impact on export routes for Caspian and Central Asian hydrocarbons. The new energy game in the region is likely to be dominated by Russia, China and the energy producing nations of Kazakhstan and Turkmenistan, and could potentially include Iran.

Language: English
Keywords: pipelinesCaspian littoral statesRussia-Georgian conflict 2008
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