Rising COE prices : myths and realities
Singapore became the first country in the world to implement a vehicle quota system in mid 1990 to control its car population. Today, the cost of Certificates of Entitlements (COEs), which are licenses required under the system for owning cars, has risen tremendously, bringing about much unhappiness...
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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/10356/59752 |
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| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | Singapore became the first country in the world to implement a vehicle quota system in mid 1990 to control its car population. Today, the cost of Certificates of Entitlements (COEs), which are licenses required under the system for owning cars, has risen tremendously, bringing about much unhappiness. There has been much debate in many circles about the causes behind the sky-rocketing COE premiums and ways to curb the climb. It is the purpose of this paper to clear away the myths that have sprung up and reveal the real facts about rising COE prices. |
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