The challenge to manage the allocation of water efficiently and
equably will become a dominant theme of the new millennium. At a
time when the cost of obtaining fresh water is rising throughout
the globe, Terence Lee analyses the means for establishing and
operating effective water markets. He proposes the application of
economic instruments and the transfer of water management
administration to the private sector as a means to guarantee
acceptable water quality in the future in both developed and
developing countries. This treatment of water as an economic
commodity implies a change in the traditional role of governments
in water management. The themes explored in this book will be of
interest to environmental and resource economists as well as
practitioners and policymakers.
General
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