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
An Evaluation of Alternative Architectures
Edited by Asanga Gunawansa and Lovleen Bhullar
This insightful book explores urban water governance challenges in different parts of the world and highlights the advantages and disadvantages of publicly run, privatized, and public–private partnership managed water facilities.