Posts Tagged ‘Certificate of Entitlement’

  • Singapore's Expensive VW Passats

    Singapore’s Pollution Solution

    Sep 25, 12 • 173 Views • Businesses, Demand, Supply, and Markets, Financial Markets, Government, Households, International Trade and Finance, Macroeconomic Measurement, Money and Monetary Policy, Regulation, Thinking EconomicallyNo Comments

    When a country’s economy is ranked the 2nd freest in the world, how do they manage auto congestion and pollution? By auctioning a limited number of vehicle permits, Singapore makes owning a car very expensive. A VW Passat in Singapore could cost as...