Formal and informal markets for water: institutions, performance, and constraints
By: Easter, K. William.
Contributor(s): Dinar, Ariel | Rosegrant, Mark W.
Material type:
ArticlePublisher: 1999Description: p.99-116.Subject(s): Water supply
In:
World Bank Research ObserverSummary: Water markets - either formal or informal - can be an efficient method for reallocating scarce water supplies. At the same time certain constraints can raise the transaction costs of trading water. This paper reviews the conditions necessary to establish successful water markets, identifies potential problems, and offers mitigating strategies. It also uses examples of several informal and formal water markets already in operation to illustrate these problems and the solutions to them. - Reproduced
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | Volume no: 14, Issue no: 1 | Available | AR41518 |
Water markets - either formal or informal - can be an efficient method for reallocating scarce water supplies. At the same time certain constraints can raise the transaction costs of trading water. This paper reviews the conditions necessary to establish successful water markets, identifies potential problems, and offers mitigating strategies. It also uses examples of several informal and formal water markets already in operation to illustrate these problems and the solutions to them. - Reproduced
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