Evolution of Markets for Water

This book presents a detailed picture of the evolutionary processes at work in water markets with a particular focus on theory and practice in Australia. The Evolution of Markets for Water will also be of great interest to academics and students with an interest in natural resource economics, law and management.

Contents: Preface by Alan Moran 1. Markets and Government - An Evolving Balance 2. Principles and Issues for Effective Australian Water Markets 3. The Historical Variation in Water Rights 4. State Administration versus Private Innovation: The Evolution of Property Rights to Water in Victoria, Australia 5. A Property Framework for Water Markets: The Role of Law 6. Registration of Water Titles: Key Issues in Developing Systems to Underpin Market Development 7. Accounting for Water Flows: Are Entitlements to Water Complete and Defensible and Does this Matter? 8. Potential Efficiency Gains from Water Trading in Queensland 9. Water Trading Instruments in Australia: Some Thoughts on Future Development of Australian Water Markets 10. Realising Environmental Demands in Water Markets Index