Abstract

Abstract In land-scarce Singapore, the key transport policy is to alleviate traffic congestion. In the late 1980s, vehicle taxes and usage restraints proved ineffective in curbing the fast growth of the vehicle population; hence the rationale for a policy instrument called the Vehicle Quota System (VQS). This paper discusses the operational aspects of the VQS and explains how various implementation problems have been addressed. It is found that the VQS has resulted in effective control of the vehicle population but has given rise to high car prices which are not affordable by a substantial proportion of Singaporean households.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.