Water is becoming increasingly scarce. If recent usage trends continue, shortages are inevitable. Aquanomics discusses some of the instruments and policies that may be implemented to postpone, or even avoid, the onset of water crises. These policies include establishing secure and transferable private water rights and extending these rights to uses that traditionally have not been allowed, including altering in-stream flows and ecosystem functions. The editors argue that such policies will help maximize water quantity and quality as water becomes scarcer and more valuable. Aquanomics contains many examples of how this is being accomplished, particularly in the formation of water markets and market-like exchanges of water rights. Many observers see calamity ahead unless water supplies are harnessed and effectively conserved, and unless water quality can be improved. It is also clear that declining water quality is a serious problem in much of the world, as increasing human activities induce high levels of water degradation. Those who voice these concerns, argue the contributors to this volume, fail to consider the forces for improvement inherent in market political-economic systems that can address water issues. The contributors see water quality in economically advanced countries as improving, and they believe this establishes the validity of market-based approaches.
Product Identifiers
Publisher
Taylor & Francis Inc
ISBN-13
9781412845786
eBay Product ID (ePID)
111539876
Product Key Features
Author
Randy Simmons
Publication Name
Aquanomics: Water Markets and the Environment
Format
Paperback
Language
English
Subject
Economics, Business
Publication Year
2012
Type
Textbook
Number of Pages
426 Pages
Dimensions
Item Height
229mm
Item Width
152mm
Item Weight
567g
Additional Product Features
Series Title
Independent Studies in Political Economy
Country/Region of Manufacture
United States
Editor
Randy Simmons
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