Rationing Rules and Outcomes : The Experience of Singapore's Vehicle Quota System

The Experience of Singapore's Vehicle Quota System

Rationing Rules and Outcomes : The Experience of Singapore's Vehicle Quota System
Since 1990, Singapore has sought to control motor vehicle ownership by means of an auction quota system, whereby prospective vehicle buyers need to obtain a quota license before they can make their purchase. This paper assesses the success of the vehicle quota system in meeting its objectives of stability in motor vehicle growth, flexibility in... READ MORE...

Publication date: September 2001
ISBN 9781451855814
$15.00

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