When Russians Purchase Counterfeit Alcohol
Tuesday, February 21, 2017 - 18:31
in Mathematics & Economics
Although counterfeit alcohol is a new phenomenon in most of the world, it has been a longstanding problem in Russia. In 2002, illegal commercial alcohol products totaled more than half of the alcohol retail turnover in that country. More recently, an economic recession has reactivated illicit markets in Russia. While the demand for lower-priced counterfeit alcohol is often linked to economic disadvantages, this research examined whether the problem is more complicated.