Water trading and river basin governance have been upheld as institutional blueprints for allocating water for people, agriculture and ecosystems in a changing climate. Progress has been uneven, however, despite multiple decades of institutional reforms in river basins under pressure from demand, development and droughts. This timely book examines the evolution and performance of water allocation reforms in the Colorado, Columbia and Murray–Darling Rivers. It draws on concepts and evidence about property rights, transaction costs and institutional change to generate lessons about the factors contributing to more adaptive and sustainable water allocation.
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Water Trading, Transaction Costs and Transboundary Governance in the Western US and Australia
Dustin Evan Garrick
Edited by Guy M. Robinson and Doris A. Carson
This Handbook provides insights to the ways in which globalisation is affecting the whole agri-food system from farms to the consumer. It covers themes including the physical basis of agriculture, the influence of trade policies, the nature of globalised agriculture, and resistance to globalisation in the form of attempts to foster greater sustainability and multifunctional agricultural systems. Drawing upon studies from around the world, the Handbook will appeal to a broad and varied readership, across academics, students, and policy-makers interested in economics, trade, geography, sociology and political science.