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Books > Earth & environment > The environment > Environmental economics
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Markets for Water - Potential and Performance (Paperback, Softcover reprint of the original 1st ed. 1998)
Loot Price: R4,493
Discovery Miles 44 930
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Markets for Water - Potential and Performance (Paperback, Softcover reprint of the original 1st ed. 1998)
Series: Natural Resource Management and Policy, 15
Expected to ship within 10 - 15 working days
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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.
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