Handbook on the Economics of Natural Resources

Handbook on the Economics of Natural Resources

Edited by Robert Halvorsen and David F. Layton

The topics discussed in the Handbook on the Economics of Natural Resources are essential for those looking to understand how best to use and conserve the resources that form the foundation for human well-being. These include nonrenewable resources, modeling of biological resources, conservation of biological resources and water resources. The expert contributors of this Handbook provide solutions to many of the problems that growing populations now face, and sketch the likely future developments in the field of natural resource economics whilst paving the way for new thinking.

Chapter 18: Transboundary water issues

Edward B. Barbier and Anik Bhaduri

Subjects: economics and finance, environmental economics, environment, environmental economics


Climate change and modification of freshwater ecosystems and watersheds are likely to affect the availability of global water supplies (Bates et al. 2008; UNDP 2006; UN-Water 2007; WWAP 2012). Population growth and economic development, coupled with rising scarcity of water, have also led to increasing costs of water supply development and threaten the physical availability of water in many of the world’s major river basins (Hoekstra et al. 2012; Vorosmarty et al. 2012; WWAP 2012). A further complication in global water management is that many countries share their sources of water, as river basins, large lakes, aquifers, and other freshwater bodies often cross national boundaries. Such transboundary water sources are important for global supply; for example, two out of five people in the world live in international water basins shared by more than one country (UNDP 2006).

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