The paper examines the possibility of a water market in Brazil. The US market, probably the oldest and most well-documented one, is initially analyzed. In the American West, over the past 140 years the so-called "water rights" can be sold or rented. However, mainly due to high transaction costs,...

This special issue of the Journal of Water Law presents a collection of articles derived from research currently being undertaken at our Dundee UNESCO Centre. The works examine a range of water-related problems at various scales - from global to local, and across a spectrum of disciplines. In...

The state of water resources and the need for a comprehensive perspective -- The water economy -- Supply costs, demands and benefits -- Optimal water policy -- Water regulation -- Conjunctive use -- Case studies of regulatory interventions -- Economy-wide considerations of water management --...