The debate about the prohibition of drugs has taken a fundamental turn with the publication of ‘Regulation: The …, i.e. end prohibition, to how regulation can be implemented. These papers shift the discourse from a ‘drugs are the … problem’ paradigm to "management of drugs is the problem". Implications of regulation means: accepting that people should have …

This policy comment analyzes the risks and issues that might arise from the legal regulation of illegal narcotic and … regulation stakeholders and the influence of their interactions on regulation outcomes. Importantly, we look at the integration … of regulation towards the most vulnerable, while at the same time undermining the illegal market. We find that state …

legal regimes: prohibition, regulation and laissez-faire. The key feature is the endogenous evolution of the risk as a … policies on the equilibrium quantity of prostitution and on the harm associated with it. A prohibition regime that makes it … reduces the risk and is therefore associated with a sharp increase in quantity. While prohibition is preferable to minimize …

below which an increase in income has no impact on child labour and education. We estimate the causal impact of an increase … in income on child labour and education exploiting the random allocation of the Child Grant Programme, an unconditional …, while relatively less poor households reduce child labour and increase education. In policy terms, the results indicate that …