Tagged: Economic Costs

NEWS: New Zealand: Staggering Economic Costs of Alcohol Harm

In Zealand, the economy is losing ca. $1.65bn per year due to alcohol’s adverse impact on employees’ productivity.
A new study conducted by University of Otago researchers found that alcohol use created the cost of $1098 for every Kiwi employee over a year. This amounts to almost five days of sick leave per worker. Men under 25 and those with stressful jobs showed the biggest alcohol problems…

REPORT: New Zealand: Economic Harm of Employee Alcohol Use

The estimated annual average cost of lost productivity per employee was NZ$1097.71 (NZ$209.62 absenteeism, NZ$888.09 presenteeism) and NZ$134.62 per employer.
At a population level this equates to approximately NZ$1.65 billion per year.
The significant predictors of reduced workplace performance were being younger (less than 25 years), male, having a stressful job and consuming more than the recommended standard number of alcoholic drinks per session.
Considering absenteeism costs alone will substantially underestimate the total productivity loss associated with alcohol use. Designing and effectively targeting a set of multifaceted policies to engineer change at both the workplace and societal levels will assist in reducing the costs of lost productivity to due alcohol…

NEWS: India: Alcohol Harm Costs More Than Entire Health Spending

A recent study reports, the burden of alcohol in India cost the economy more than what the government spends on health.The study has found that after adjusting for tax receipts from alcohol sale, the economic loss from adverse effects of alcohol consumption would touch about 1.45% of the gross domestic product (GDP). For comparison, the government’s annual expenditure on health is about 1.1% of the GDP.

BLOG: How To Expose “Scientists” Casting Doubt About Science – The Case Of Alcohol And Cancer

With his New York Times blog “A Link Between Alcohol and Cancer? It’s Not Nearly as Scary as It Seems” Aaron E. Carroll is guilty of public health nihilism. In his response, Viktor comments on and corrects some points Mr Carroll made and highlights some of Carroll’s logical fallacies in the attempt to cast doubt on the science about alcohol and cancer…

NEWS: Addiction Crisis, USA: Raise Alcohol Taxes

Alcohol abuse is a fast-growing problem in the United States. And it is largely ignored. Higher taxes on beer, wine and liquor could help tackle the problem, writes the editorial board of Bloomberg View…

NEWS: New Zealand: Doctors Urge Alcohol Ban From Supermarkets

Selling wine and beer next to food ‘normalizes’ a dangerous drug that should be sold at specific outlets
The New Zealand Medical Association (NZMA) has called for a ban on selling alcohol in supermarkets, saying that having it next to groceries and food normalized alcohol and and made buying it cheap and easy…

NEWS: Ireland: 3 Alcohol Deaths Per Day

Ireland has a problem with alcohol but the alcohol industry stands in the way for comprehensive solutions: every day three deaths are alcohol related, by the end of an average week 20 more people will have died. But Big Alcohol’s spin portrays the situation in a completely misleading light…