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.

Product Description: This book is an outcome from the International Expo 'Water and Sustainable Development' held in Zaragoza (Spain) in 2008. Support from the Spanish Ministry of Environment, Caja Rioja, Government of Aragon, and the World Bank is acknowledged...read more

Product Description: Global change possesses serious challenges for water managers and scientists. In mountain areas, where water supplies for half of the world population originate, climate and hydrologic models are still subject to considerable uncertainty...read more

Product Description: Drawing upon a worldwide survey of river basin organizations and in-depth studies of eight river basins in a variety of locations around the globe, this book examines how institutional arrangements for managing water resources at the river-basin level have been designed and implemented, the impetus for these arrangements, and what institutional features appear to be associated with greater or lesser success in river basin management...read more

Product Description: This book is an outcome from the International Expo 'Water and Sustainable Development' held in Zaragoza (Spain) in 2008. Support from the Spanish Ministry of Environment, Caja Rioja, Government of Aragon, and the World Bank is acknowledged...read more

Product Description: Working from institutional theory, reviews of the literature and surveys drawn from 127 international experts, authors Saleth (economy, International Water Management Institute, Colombo, Sri Lanka) and Dinar (economy, The World Bank and Johns Hopkins U...read more

Product Description: Using the Ricardian approach (a cross sectional analysis of farm performance across different climate zones), this report examines the impact of climate change on the agriculture sector and the sector's adaptation to that change. Studies in the report measure the climate sensitivity of low-capital agriculture, test whether actual farm performance is as sensitive to climate as agronomic models predict, and compare the climate sensitivity of low-capital farms with the results already calibrated for U...read more