000			03137nam a2200349 a 4500
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007			cr un|||||||||
008			150707s2015 enk o 000 0 eng d
010			_a 2014959462
020			_a9781781003862 (e-book)
040			_aUtOrBLW _cUtOrBLW _dUtOrBLW
043			_an-usp-- _au-at---
050		4	_aHD1695.W47 _bG37 2015
100	1		_aGarrick, Dustin Evan.
245	1	0	_aWater allocation in rivers under pressure _h[electronic resource] : _bwater trading, transaction costs and transboundary governance in the western US and Australia / _cDustin Evan Garrick.
260			_aCheltenham : _bEdward Elgar Pub. Ltd., _c2015.
300			_a1 online resource (264 p.) ; _ccm.
520			_aThis book compares water allocation policy in three rivers under pressure from demand, droughts and a changing climate: the Colorado, Columbia and Murray-Darling. Each river has undergone multiple decades of policy reform at the intersection of water markets and river basin governance - two prominent responses to the global water crisis often attempted and analyzed separately. Drawing on concepts and evidence about property rights and transaction costs, this book generates lessons about the factors that enable and constrain more flexible and sustainable approaches for sharing water among users and across political jurisdictions. Despite over 40 years of interest in water markets as a solution to water scarcity, they have been slow to develop. Intensified competition has also stimulated interest in river basins as the ideal unit to manage conflicts and tradeoffs across jurisdictions, but integration has proven elusive. This book investigates why progress has been slower and more uneven than expected, and it pinpoints the principles and practices associated with both successes and failures. Garrick synthesizes theoretical traditions in public policy and institutional economics, to examine the influence of path dependency and transaction costs on water allocation reform. Using evidence from historical sources, public policy analysis and institutional economics, the book demonstrates that reforms to water rights and transboundary governance arrangements must be combined and complementary to achieve lasting success at multiple scales. The original approach of this book, and its comparison of three prominent sites of reform, makes it an asset to practitioners of water policy, as well as water governance scholars and academics in public policy and economics who are focused on environmental policy, property rights and institutional change.
650		0	_aWater resources development _zWest (U.S.)
650		0	_aWater resources development _zAustralia.
650		0	_aWater transfer _zWest (U.S.)
650		0	_aWater transfer _zAustralia.
650		0	_aWatershed management _zWest (U.S.)
650		0	_aWatershed management _zAustralia.
655		0	_aElectronic books.
710	2		_aEdward Elgar Publishing.
776	1		_z9781781003855 (hardback)
856	4	0	_uhttps://www.elgaronline.com/view/9781781003855.xml
999			_c29005 _d29005