Are water markets a viable proposition in the Lower Mekong Basin?
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Title |
Are water markets a viable proposition in the Lower Mekong Basin?
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Creator |
Reardon-Smith, K.
McCartney, Matthew P. Rebelo, Lisa-Maria |
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Subject |
water market
river basins water resources development water management integrated management frameworks water allocation water use efficiency water access international waters water governance water policies water quality agricultural development infrastructure socioeconomic aspects case studies |
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Description |
In Wheeler, S. A. (Ed.). Water markets: a global assessment. Cheltenham, UK: Edward Elgar Publishing
Water markets are a potential approach for reallocating and improving the efficiency of water use in river basins in which water resources are under stress as a consequence of demographic and economic pressures. However, establishing water markets is not easy and to be successful a wide range of context specific criteria, relating to the legal and institutional framework as well as political and economic conditions, must be met. We applied the Water Market Readiness Assessment framework proposed by Wheeler et al. (2017) to investigate whether adequate policy and governance arrangements were in place to enable water markets to effectively operate in the countries of the Lower Mekong River Basin. We identify a number of key gaps and conclude that more conventional regulatory approaches, along with integrated basin planning and management, will likely better serve the communities and environments of the region. |
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Date |
2021-08-06
2021-09-28T02:43:25Z 2021-09-28T02:43:25Z |
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Type |
Book Chapter
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Identifier |
Reardon-Smith, K.; McCartney, Matthew; Rebelo, Lisa-Maria. 2021. Are water markets a viable proposition in the Lower Mekong Basin? In Wheeler, S. A. (Ed.). Water markets: a global assessment. Cheltenham, UK: Edward Elgar Publishing. pp.91-111. [doi: https://doi.org/10.4337/9781788976930.00015]
9781788976930 9781788976923 https://hdl.handle.net/10568/115184 https://vlibrary.iwmi.org/pdf/H050669.pdf https://doi.org/10.4337/9781788976930.00015 Managing Resource Variability and competing use H050669 |
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Language |
en
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Rights |
Copyrighted; all rights reserved
Limited Access |
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Format |
p. 91-111
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Publisher |
Edward Elgar Publishing
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