The pressure on an already stressed water situation in South Africa is predicted to increase significantly under climate change, plans for large industrial expansion, observed rapid urbanization, and government programs to provide access to water to millions of previously excluded people. The...

many of the import competing sectors in Maroccan agriculture are protected while water in irrigated agriculture is priced below its marginal value product. Establishing a water market is this pre-trade reform environment can be welfare decreasing. Further, as the shadow price of water is...