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The Economics of Water Management in Developing Countries

Problems, Principles and Policies Edited by Phoebe Koundouri, Associate Professor in Economics, DIEES, Athens University of Economics and Business, Greece, the late Panos Pashardes, formerly Professor of Economics, Department of Economics, University of Cyprus, Cyprus, Timothy M. Swanson, Centre for International Environmental Studies, Graduate Institute of International and Development Studies, Switzerland and Anastasios Xepapadeas, Professor of Economics, Athens University of Economics and Business, Greece
The increasing scarcity of water resources (in terms of quantity and quality) is one of the most pervasive natural resource allocation issues facing development planners throughout the world. This problem is especially prevalent in less developed countries where the management of this valuable resource has become a critical policy concern. This authoritative new volume outlines the fundamental principles and difficulties that characterise this challenging task.

The authors begin by detailing the significant problems of water management which are specific to developing countries. In particular, they highlight the political economy of water management in the context of both pricing and institutional reform.
Extent: 296 pp
Hardback Price: £91.00 Web: £81.90
Publication Date: 2003
ISBN: 978 1 84376 122 8
Availability: In Stock
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  • eISBN: 978 1 78195 051 7

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  • Economics and Finance
  • Environmental Economics
  • Environment
  • Environmental Economics
  • Environmental Sociology
  • Management Natural Resources
  • Water
The increasing scarcity of water resources (in terms of quantity and quality) is one of the most pervasive natural resource allocation issues facing development planners throughout the world. This problem is especially prevalent in less developed countries where the management of this valuable resource has become a critical policy concern. This authoritative new volume outlines the fundamental principles and difficulties that characterise this challenging task.

The authors begin by detailing the significant problems of water management which are specific to developing countries. In particular, they highlight the political economy of water management in the context of both pricing and institutional reform. Five case studies from a variety of developing countries extend these themes and examine other important issues such as water markets, irrigation and the measurement of groundwater scarcity. Finally, using Cyprus as an example, the authors demonstrate the manner in which improved water management policies can be implemented in a developing country. This final part serves to illustrate the policy solutions to the problems laid out in earlier chapters.

Government agencies, private consulting firms and NGOs working in the fields of water resource allocation and economic development will find this volume to be an enlightening read. Academics, practitioners and those who wish to be better informed about the role and value of water management in developing countries will also find this to be an invaluable source of reference.
‘This book contains a good collection of articles about the economics and political economy of water management. . . This theoretical work is innovative and worth exploring especially when it is put in the context of problems and policies of developing countries. . . it is indeed a worthwhile collection for those dealing with natural resource management, in particular with water management.’
– Benchaphun Shinawatra Ekasingh, Quarterly Journal of International Agriculture
Contributors: T. Christofides, A. Dinar, D. Grimeaud, B. Groom, C. Howe, H. Kazeli, E. Keravnou, P. Koundouri, R. Lahmandi-Ayed, J. Lefevere, M.-S. Matoussi, M. Montginoul, N. Olsen, P. Pashardes, V. Raffin, D. Renault, J.-D. Rinaudo, T.M. Swanson, Z. Tahir, A. Xepapadeas
Contents: Introduction Part I: Principles: Water Management Issues Surveyed 1. The Political Economy Context of Water-Pricing Reforms 2. The Political Economy of Institutional Reforms in Pakistan’s Irrigation Sector Part II: Problems: Case Studies of Special Difficulties in Developing Countries 3. Selection Through Water Markets 4. Willingness to Pay for Migratory Species Preservation: The Premium for Co-operative Agreements and Implications for Policy 5. Economic Instruments for Water Management in the Presence of Positive Externalities: The Case of Rice-based Irrigation in Sri Lanka 6. A New Methodology for Measuring Groundwater Scarcity: Theory and Application 7. Contrasting Different Methodologies to Deriving Natural Resource Scarcity Rents: Some Results from Cyprus Part III: Policies: A Case Study of Policy Making for Water Management in Cyprus 8. The Watershed Economics Management Approach: An Application to Cyprus 9. Water Management in Cyprus through a Decision-Support System 10. A Critical Examination of the New Integrated European Water Protection Regime Index