The Institutional Economics of Water

The Institutional Economics of Water PDF

Author: R. Maria Saleth

Publisher: World Bank Publications

Published: 2004-01-01

Total Pages: 418

ISBN-13: 9780821356562

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This publication examines issues of water sector reform and performance from the perspectives of institutional economics and political economic studies. The authors develop an alternative quantitative assessment methodology based on the principle of 'institutional ecology', as well as data collected from 127 water experts from 43 countries and regions around the world using a cross-country review of recent water sector reforms within an institutional transaction cost framework.

The Economics of Water

The Economics of Water PDF

Author: Georg Meran

Publisher: Springer Nature

Published: 2020-09-04

Total Pages: 312

ISBN-13: 3030484858

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This open access textbook provides a concise introduction to economic approaches and mathematical methods for the study of water allocation and distribution problems. Written in an accessible and straightforward style, it discusses and analyzes central issues in integrated water resource management, water tariffs, water markets, and transboundary water management. By illustrating the interplay between the hydrological cycle and the rules and institutions that govern today’s water allocation policies, the authors develop a modern perspective on water management. Moreover, the book presents an in-depth assessment of the political and ethical dimensions of water management and its institutional embeddedness, by discussing distribution issues and issues of the enforceability of human rights in managing water resources. Given its scope, the book will appeal to advanced undergraduate and graduate students of economics and engineering, as well as practitioners in the water sector, seeking a deeper understanding of economic approaches to the study of water management.

Water Resource Economics, second edition

Water Resource Economics, second edition PDF

Author: Ronald C. Griffin

Publisher: National Geographic Books

Published: 2016-03-18

Total Pages: 0

ISBN-13: 0262034042

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Updated edition of a comprehensive introduction to the economics of water management, with self-contained treatment of all necessary economic concepts. Economics brings powerful insights to water management, but most water professionals receive limited training in it. The second edition of this text offers a comprehensive development of water resource economics that is accessible to engineers and natural scientists as well as to economists. The goal is to build a practical platform for understanding and performing economic analysis using both theoretical and empirical tools. Familiarity with microeconomics or natural resource economics is helpful, but all the economics needed is presented and developed progressively in the text. The book focuses on the scarcity of water quantity (rather than on water quality). The author presents the economic theory of resource allocation, recognizing the peculiarities imposed by water, and then goes on to treat a range of subjects including conservation, groundwater depletion, water law, policy analysis, cost–benefit analysis, water marketing, privatization, and demand and supply estimation. Added features of this updated edition include a new chapter on water scarcity risk (with climate change and necessary risk tools introduced progressively) and new risk-attentive material elsewhere in the text; sharper treatment of block rates and pricing doctrine; expanded attention to contemporary literature and issues; and new appendixes on input–output analysis, water footprinting and virtual water, and cost allocation. Each chapter ends with a summary and exercises.

Evaluating Water Institutions and Water Sector Performance

Evaluating Water Institutions and Water Sector Performance PDF

Author: R. Maria Saleth

Publisher: World Bank Publications

Published: 1999-01-01

Total Pages: 112

ISBN-13: 9780821345610

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Physical limits to fresh water expansion—an emerging reality in many parts of the world—make absolute water scarcity inevitable. The inability of the already developed water supply to meet an ever-growing demand for fresh water also makes the emergence of relative water scarcity unavoidable. Water scarcity—both in its absolute and relative forms—gets accentuated further by an increasing premium attached to water quality and ecological sustainability.The water sector has undergone remarkable changes in recent years. While past achievements were associated mainly with investment in new physical structures, recent developments in the water sector are associated to a greater extent with improved management and institutional changes. Although both the nature and direction of these institutional changes vary by country-specific economic, political, cultural and resource realities, there are clearly identifiable trends and patterns.This report suggests a new methodology to shed light on the process of institution-performance interaction. It demonstrates the use of the methodology by applying it to an extensive cross-country data set, and by deriving policy guidance based on the results. The authors aim to stimulate thought and debate about methodologies and strategies to be used in order to evaluate institutional change and institution-performance interactions in the water sector.

The Economics of Water Resources

The Economics of Water Resources PDF

Author: Ariel Dinar

Publisher: Cambridge University Press

Published: 2021-04-15

Total Pages: 225

ISBN-13: 131673210X

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Population growth and rising living standards, on the one hand, and changing climate, on the other hand, have exacerbated water scarcity worldwide. To address this problem, policymakers need to take a wide view of the water economy – a complex structure involving environmental, social, economic, legal, and institutional aspects. A coherent water policy must look at the water economy as a whole and apply a comprehensive approach to policy interventions. Written by two of the world's leading scholars on economics of water, this is the first graduate-level textbook on the topic. The book discusses water resource management within a comprehensive framework that integrates the different, yet highly entwined, elements of a water economy. It follows the steps needed to develop a well-designed set of policies based on detailed analyses of intervention measures, using multi-sectoral and economy-wide examples from a variety of locations and situations around the world.

Governance of Water

Governance of Water PDF

Author: Vishwa Ballabh

Publisher: SAGE Publications Pvt. Limited

Published: 2008-03-19

Total Pages: 408

ISBN-13:

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"An oft-quoted, modern adage is that the next major global conflict will be over water. In many areas of the world the present is already marked by an uneasy competition among different water users and use sectors, often leading to conflicts. India particularly stands on the brink of an uncertain future, its ever-growing population putting pressure on its increasingly meagre water resources." "Governance of Water: Institutional Alternatives and Political Economy is a timely, relevant book that makes a case for reforming water governance in India through not only re-orientating policy priorities and approaches, but also restructuring the institutional framework away from the state and village dichotomy. The book has eminent scholars explore the issue from various angles - neo-classical and institutional economics, deliberative democracy, public administration, collective action and political economy perspectives."--BOOK JACKET.

Economics of Water Resources

Economics of Water Resources PDF

Author: Mary E. Renwick

Publisher: Routledge

Published: 2018-01-18

Total Pages: 547

ISBN-13: 1351159275

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Water is becoming an increasingly scarce commodity in many parts of the world. Population growth plus a growing appetite for larger quantities of cheap water quality as a result of urban, industrial, and agricultural pollution coupled with increasing environmental demands have further reduced usable suppliers. This book brings together thirty of the best economic articles addressing water scarcity issues within the US and Mexico. By touching on a number of different issues, this volume clearly articulates the need for improving existing institutional arrangements as well as for developing new arrangements to address growing water scarcity problems.

Institutional Governance and Regulation of Water Services

Institutional Governance and Regulation of Water Services PDF

Author: Michael J. Rouse

Publisher: IWA Publishing

Published: 2013-09-14

Total Pages: 301

ISBN-13: 1780404506

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Institutional Governance and Regulation of Water Services aims to provide the key elements of policy, governance and regulation necessary for sustainable water and sanitation services. On policy matters, it covers important aspects including separation of policy and delivery, integrated planning, sustainable cost recovery, provisions for the poor, and transparency. Regulation and Regulatory Bodies are presented in their various forms, with discussion of why some form of independent scrutiny is essential for sustainability. The focus is on what works and what does not, based on consideration of basic principles and on case studies in both developing and developed countries. The early chapters discuss the key elements, with later chapters considering how these elements have come together in successful reforms of public sector operations. A chapter is devoted to the successful use of the private sector based on lessons learnt from ‘failures’ of private contracts and the need for the application of sound procurement principles. The current trend is for a public sector model which benefits from business approaches, the so-called corporatised public utility. Experience since the publication of the first edition in 2007 reinforces the importance of the key elements for sustainable water services. This second edition brings the material up to date and with some increased emphasis on public participation in its many forms. It refers to the opportunity for progress provided by the UN Declaration of Water and Sanitation as a Human Right, but only if it is implemented in a practical and sustainable way. Institutional Governance and Regulation of Water Services is aimed at providing an informative source for national and local governments responsible for water policy, for water utility managers, and for students who will be the policy makers of tomorrow. It is a teaching aid for courses on water policy, governance and regulation. About the Author: Michael Rouse is a Distinguished Research Associate at the University of Oxford and manages the Institutional Governance and Regulation module of the University’s MSc Course on Water Science, Policy and Management. He was formerly Head of the Drinking Water Inspectorate in London and has extensive knowledge and experience of water governance and regulation, including all aspects of audit and enforcement, and the governance issues related to both public sector management and privatisation. He has wide knowledge of water technical and operational matters, based on his applied research and development background at the Water Research Centre, where he spent 9 years as Managing Director. Michael has a good understanding of international water matters and advises governments on policy and regulation. He is a Past President of the International Water Association. He is a visiting professor at Tsinghua University in Beijing and at the Shanghai Academy of Social Science. In 2000 he was awarded the CBE (Commander of the British Empire) for his professional services.