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Institutional Framework in Successful Water Markets
World Bank Publications | 1999-01 | ISBN: 0821344595 | 43 pages | PDF | 4,6 MB
This publication explores institutional frameworks in three case studies of long standing and successful water markets. The papers are written for practitioners interested in how water markets operate, for decision makers faced with the challenge of selecting a water resources allocation system, and for academics interested in analytical-descriptive case studies that provide information on how to conceptualize the functioning of water markets from an institutional perspective. These cases demonstrate the common features and essential elements of water markets, as well as how to design markets taking into account the local institutional, social, and political conditions and their integration into existing water resources management arrangements.
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