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Home > Ending the drug wars: Report of the LSE expert group on the economics of drug policy.

LSE Expert Group on the Economics of Drug Policy. (2014) Ending the drug wars: Report of the LSE expert group on the economics of drug policy. London: The London School of Economics and Political Science.

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External website: http://www.lse.ac.uk/home.aspx

This report asserts that a new and effective international strategy could emerge if two approaches are followed.

First, resources should be drastically reallocated away from law enforcement and repressive policies towards proven public health policies of harm reduction and treatment, with governments ensuring that these services are fully resourced to meet requirements.

Second, rigorously monitored policy and regulatory experimentation should be encouraged. States should be allowed to pursue new initiatives, the report argues, in order to determine which policies work and which don't. The places that legalise cannabis first will provide an external benefit to the rest of the world in the form of knowledge regardless of how the experiments turn out. As a result, pioneering jurisdictions should be accepted as long as they take adequate measures to prevent ‘exports’.


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