The evolution of markets for water [electronic resource] : theory and practice in Australia / edited by Jeff Bennett.
Material type:
TextSeries: New horizons in environmental economicsPublication details: Cheltenham, U.K. ; Northampton, Mass. : Edward Elgar, c2005Description: 1 online resource (xiv, 187 p.) : illISBN: 9781845426682 (e-book)Subject(s): Water-supply -- Economic aspects -- Australia -- Congresses | Water-supply -- Environmental aspects -- Australia -- Congresses | Water-supply -- Government policy -- Australia -- Congresses | Water-supply -- Australia -- Management -- Congresses | Irrigation -- Australia -- Congresses | Water rights -- Australia -- Congresses | Water resources development -- Australia -- CongressesGenre/Form: Electronic books.Additional physical formats: No titleDDC classification: 363.6/1/0994 LOC classification: HD1700.A1 | E96 2005Online resources: Click here to access online | Item type | Current library | Call number | URL | Status | Date due | Barcode | Item holds |
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eBook
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Digital Library
Resources in this library are accessible in digital format e.g. eBooks or eJournals accessible online. |
HD1700.A1 E96 2005 (Browse shelf(Opens below)) | Link to resource | Available |
Papers presented at a workshop held in Melbourne in August 2004.
Includes bibliographical references and index.
1. Markets and government--an evolving balance -- 2. Principles and issues for effective Australian water markets -- 3. The historical variation in water rights -- 4. State administration versus private innovation : the evolution of property rights to water in Victoria, Australia -- 5. A property framework for water markets : the role of law -- 6. Registration of water titles : key issues in developing systems to underpin market development -- 7. Accounting for water flows : are entitlements to water complete and defensible and does this matter? -- 8. Potential efficiency gains from water trading in Queensland -- 9. Water trading instruments in Australia : some thoughts on future development of Australian water markets -- 10. Realising environmental demands in water markets.
This book presents a detailed picture of the evolutionary processes at work in water markets with a particular focus on theory and practice in Australia. Policymakers are striving to strike a balance between the pros and cons of a property rights/market based approach to the allocation of water resources, as opposed to an approach that centres on government regulation. The current movement in Australia is toward the use of markets, and numerous reforms are either underway or under consideration in that direction. This provides an ideal opportunity to observe the factors at play in determining the balance and hence the mix of policy instruments at work. The distinguished contributors offer a range of perspectives--economic, legal, environmental--and combine conceptual analysis with evidence from real policy decisions.
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