Series: IMF Working Papers
Author(s): Ling Tan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2001
Keywords: licenses, transferability, subcategorization, motor vehicle, motor vehicles, bids, bidders, motorcycles, Licences,
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 p...