The Economics of Water Management in Developing Countries: Problems, Principles and Policies

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.

Edited by Phoebe Koundouri, Professor, Athens University of Economics and Business, Research Professor, Technical University of Denmark, President, European Association of Environmental Resource Economists, Chair, World Council of Environmental and Resource Economists Associations, Chair, UN Sustainable Development Solutions Network Global Climate Hub, 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