This report takes stock of agriculture and water policy changes from 2009 to 2019 and assesses the alignment of these changes with relevant sections of the OECD Council Recommendation on Water and the 2017 G20 Agriculture Ministerial Action Plan on water and food security. The analysis builds on...

This work analyzes some system-wide macroeconomic consequences of lower (sustainable) water availability, when global economic growth is postulated according to the Shared Socio-Economic Pathway 1 (SSP1), for the reference year 2050. After finding that the rather optimistic forecasts of economic...

The water prices that implement the optimal water policy are derived. These prices contain the supply cost components and two shadow price terms: one reflecting the in situ value of natural water and the other representing the scarcity of recycled water. The former accounts for the scarcity,...

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,...

Economic theories and tools provide only partial insight into the many complexities affecting various uses and flows of water. To usefully teach water economics, it is therefore necessary to understand and cooperate with other disciplines. Many economic concepts can be used to understand...