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Full-Text Articles in Economics

Singapore's Experience With Car Quotas: Issues And Policy Processes, Sock-Yong Phang, Wing-Keung Wong, Ngee-Choon Chia Oct 1996

Singapore's Experience With Car Quotas: Issues And Policy Processes, Sock-Yong Phang, Wing-Keung Wong, Ngee-Choon Chia

Research Collection School Of Economics

This paper examines the policy processes behind Singapore's car quotas. The policy, when filtered through the market mechanism, had a number of unintended consequences. The public's unhappiness with certain features and [`]loopholes' of the system resulted in many changes to the rules. The effects of recent measures to curb speculation on quota premiums are evaluated. Problems with Singapore's Weekend Car Scheme are also discussed. The lesson for transport policy makers elsewhere is that in attempting to deal with the road congestion problem through car ownership policies, an asset market for vehicles should be taken into account.


Creating A Strong Image For The Economic Enhancement Of Downtown Ayer, Center For Economic Development Jan 1996

Creating A Strong Image For The Economic Enhancement Of Downtown Ayer, Center For Economic Development

Center for Economic Development Technical Reports

The recent closure of Fort Devens has had an undeniable impact on business in downtown Ayer, Massachusetts, deflating both the town's population level and its economy. Downtown business in Ayer has traditionally served several surrounding communities, and it is fundamental to the survival of Ayer' s economy that this business continue to thrive. Facing a future that will lack the economic boost formerly associated with Fort activity, business owners and the town must make a greater effort to attract downtown commerce. In the midst of these changes, residents and business owners have participated with town officials in planning for the …


Rising Temperatures: Rising Tides, Prof. Elizabeth Burleson Jan 1996

Rising Temperatures: Rising Tides, Prof. Elizabeth Burleson

Prof. Elizabeth Burleson

Transboundary environmental problems do not distinguish between political boundaries. Global warming is expected to cause thermal expansion of water and melt glaciers. Both are predicted to lead to a rise in sea level. We must enlarge our paradigms to encompass a global reality and reliance upon global participation.