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About this book
Markets for Water: Potential and Performance dispels many of the myths surrounding water markets and gives readers a comprehensive picture of the way that markets have developed in different parts of the world. It is possible, for example, for a water market to fail, and for the transaction costs in water markets to be excessive.
Too often water trading is banned because the water resources have been developed with public funds and the water agencies do not want to lose control over water. There is also a concern that poor farmers or households will be disadvantaged by water trading.
These concerns about public resources and the poor are not very different from those that have been voiced in the past about land sales. The problem is that in many cases the poor already have limited access to resources, but this limit is not due to water trading. In fact, water trading is likely to expand the access to water for many small-scale farmers.
Markets for Water: Potential and Performance provides an analytical framework for water market establishment. It develops the necessary conditions for water markets and illustrates how they can improve both water management and economic efficiency. Finally, the book gives readers an up-to-date picture of what we have learned about water markets in a wide range of countries, from the US to Chile and India.
Too often water trading is banned because the water resources have been developed with public funds and the water agencies do not want to lose control over water. There is also a concern that poor farmers or households will be disadvantaged by water trading.
These concerns about public resources and the poor are not very different from those that have been voiced in the past about land sales. The problem is that in many cases the poor already have limited access to resources, but this limit is not due to water trading. In fact, water trading is likely to expand the access to water for many small-scale farmers.
Markets for Water: Potential and Performance provides an analytical framework for water market establishment. It develops the necessary conditions for water markets and illustrates how they can improve both water management and economic efficiency. Finally, the book gives readers an up-to-date picture of what we have learned about water markets in a wide range of countries, from the US to Chile and India.
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Keywords
Table of contents (17 chapters)
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Front Matter
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Back Matter
Reviews
`Overall, I feel this book contributes to our profession by demonstrating the widespread existence of water markets and the potential for markets to adapt to changes in demand for water supply and water reliability over time. [...] I highly recommend this book to anyone interested in the complex role for markets in resource allocation.'
American Journal of Agricultural Economics (February 2001)
American Journal of Agricultural Economics (February 2001)
Editors and Affiliations
Bibliographic Information
Book Title: Markets for Water
Book Subtitle: Potential and Performance
Editors: K. William Easter, Mark W. Rosegrant, Ariel Dinar
Series Title: Natural Resource Management and Policy
DOI: https://doi.org/10.1007/b102479
Publisher: Springer New York, NY
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eBook Packages: Springer Book Archive
Copyright Information: Springer Science+Business Media New York 1998
Hardcover ISBN: 978-0-7923-8256-0Published: 30 September 1998
Softcover ISBN: 978-1-4757-7130-5Published: 08 March 2013
eBook ISBN: 978-0-585-32088-5Published: 20 August 2007
Series ISSN: 0929-127X
Series E-ISSN: 2511-8560
Edition Number: 1
Number of Pages: XV, 298
Topics: Economics, general, Environmental Management, Environmental Economics