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Water trading and river basin governance have been upheld as institutional blueprints for allocating water for people, agriculture and ecosystems in a changing climate. Progress has been uneven, however, despite multiple decades of institutional reforms in river basins under pressure from demand, development and droughts. This timely book examines the evolution and performance of water allocation reforms in the Colorado, Columbia and Murray-Darling Rivers. It draws on concepts and evidence about property rights, transaction costs and institutional change to generate lessons about the factors...

Water trading and river basin governance have been upheld as institutional blueprints for allocating water for people, agriculture and ecosystems in a changing climate. Progress has been uneven, however, despite multiple decades of institutional reforms in river basins under pressure from demand, development and droughts. This timely book examines the evolution and performance of water allocation reforms in the Colorado, Columbia and Murray-Darling Rivers. It draws on concepts and evidence about property rights, transaction costs and institutional change to generate lessons about the factors...

This ground-breaking book provides a comparative perspective on water and federalism across multiple countries. Through a collection of case studies, this book explores the water management experiences and lessons learned in ten federal countries and China. The territorial division of power in federations, plus the interconnected politics at the national and regional levels, present a classic governance test for waters shared across multiple political jurisdictions. This is increasingly important as democratic transitions have introduced or invigorated federalism across diverse contexts...

This groundbreaking book provides a comparative perspective on water management and federalism across multiple countries. Through a collection of case studies, this book explores the water management experiences and lessons learned in nine federal countries and China. The territorial division of power in federations, plus the interconnected politics at the national and regional levels, present a classic governance test for waters shared across multiple political jurisdictions. This is increasingly important as democratic transitions have introduced or invigorated federalism across diverse...