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Aspects of water markets for developing countries: experiences from Australia, Chile, and the US

Published online by Cambridge University Press:  02 October 2002

Henning Bjornlund  and
Jennifer McKay
Henning Bjornlund
Affiliation:
School of International Business, University of South Australia, Adelaide
Jennifer McKay
Affiliation:
School of International Business, University of South Australia, Adelaide
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Abstract

Water market reforms are being promoted by international organisations, such as the World Bank, and pursued within many developing countries. Actual experiences with water markets are limited and the opinions regarding the beneficial or detrimental impacts diverse. It is therefore crucial to learn from the few functioning markets. Some of the longest operating, and most mature markets in the world, are to be found in Southeastern Australia. This paper examines the outcome of water trade in Southeastern Australia and combined with US and Chilean experiences outlines some lessons for the introduction of markets in developing countries.

Type
Research Article
Information
Environment and Development Economics , Volume 7 , Issue 4 , October 2002 , pp. 769 - 795
Copyright
© 2002 Cambridge University Press

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