This video has been prepared by an Economist. So good to hear some economic logic!!!

I like it that Singapore has been able to keep its motor vehicle per capita lower than a lot of other high-income countries or territories. Singapore also beats most former Eastern Bloc countries and territories in having lower motor vehicle ownership, including most ex-Soviet republics.

This is why I believe pricing in negative externalities (while rewarding positive externalities) will solve most of the world's problems.

I love the first example, regarding negative externalities.

Oh Singapore ❤ You Beauty ❤❤❤❤❤❤

To my fellow students who have to do this, you are looking for 3:13 and 4:27

@MrRPS303

10 күн бұрын

Thx man

Bogota Colombia is looking to get into the implementation of this, because the Dollar versus the Colombian Peso has become so weak for so many years already, that for so many people now it is affordable to buy new cars and now there is no space for them in the city and therefore huge congestions everywhere.

@vientoenpopa3

7 жыл бұрын

I have said this back in the year 2014. It has been 3 years since then. The situation of the dollar has changed dramatically due to the downfall of the oil price and therefore the colombian currency has devaluated big time. To buy a car is now not that easy as before. We will see what happen now.

I like the questions session at the end of the video.

wow

Land scarcity is not the primary cause. Its only a secondary cause. Its Solution Scarcity. Mass immigration without a solution to handle the increase in traffic volume. Its a no-brainer there will be more congestion. Everything has an excuse and constraint. Its whether you can come up with the solution and not come up with Excuses.

@wainber1

6 жыл бұрын

Singapore, according to a Wikipedia article on vehicles per capita, has more vehicles per capita than Albania, Azerbaijan, Turkmenistan, Tajikistan or Uzbekistan, but has fewer than Kosovo, Belarus or any Council of Europe member state except Albania or Azerbaijan. That is impressive for an Asian country with an income per capita higher than almost any CoE member state or territory.

Very comprehensive. Thank you :)

this was really helpful thank you

Very informative!

awesome graphs there!

What if by using the public transportation, the productivity are decreasing, because tired to stand in a MRT, and bus, and the schedule which is not affordable ?

LIke this video, even though i am not from JC

Saya setuju program ini ERP 👍 , larangan motor + mobil ganjil genap 👎

Cant build viaduct ar? In China, they build viaduct up to 3 storeys!

@tangpengyee7164

3 жыл бұрын

Building viaducts creates more vehicle usage on the roads, thereby increasing congestion. Just look at Malaysia. And also, building viaducts is costly compared to building on flat land.

any hci kids here

@heshaoliang7466

6 жыл бұрын

Here

How can you charge us a lot of money ?

I can use ramp buggy when traffic jams wtf

good job asians, why u not share tho?

@christopherwillson

4 жыл бұрын

Competitive advantage

this is horrible for car companies in dense population.

amongus

If like that , i'll ask my father to buy for me helicopter... :P

What a bunch of hooey. It's just an excuse for higher taxation and more oppressive government regulation and taxation. That's why it's such a miserable place to live.

@user-by6bf9vu4f

7 жыл бұрын

what is wrong with u

@mjs22002

5 жыл бұрын

Try living abroad and compare the traffic. ERP and odd-even plates are world renown traffic congestion solutions. Those who stay home usually whine the most 😅

@JunYu0923

5 жыл бұрын

Leave and go HongKong...IDIOT