Analysis of the quota system
Economic development and increased affluence leads to a growth in vehicle ownership which in turn usually produces the unwelcome effects of traffic congestion. The Select Committee on Land Transportation Policy thus proposed the implementation of a Vehicle Quota System (VQS), where car owners have t...
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| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project |
| Language: | English |
| Published: |
2014
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/55452 |
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| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | Economic development and increased affluence leads to a growth in vehicle ownership which in turn usually produces the unwelcome effects of traffic congestion. The Select Committee on Land Transportation Policy thus proposed the implementation of a Vehicle Quota System (VQS), where car owners have to bid for a “Certificate of Entitlement” (COE), the supply of which is controlled by the Government, in order to own a car. The system was instituted in May 1990. |
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