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,...

Freshwater is an increasingly scarce resource globally, and effective sustainable management will be absolutely crucial in the future. This timely book sets out future scenarios of international trade in both 'real' and 'virtual' water, examining the relationship between climate change, water...

"The prospect of international conflict over water has long been the subject of academic and popular concern, but sub-national political conflict is considerably more common, and almost certainly imposes greater economic and environmental costs. Indeed, sub-national hydropolitics are an...

Scarcity, droughts, and the gap to be filled by water markets -- Market failures and governmental roles -- Roadmap to the case studies -- California's water markets -- Spanish water markets -- Comparison between water markets in California and in Spain

"This book presents the complexity and many dimensions of groundwater governance in 28 chapters, written by a global team of leading experts. The first part of the book defines groundwater governance, exploring its emergence and evolution, framing it through a socio-ecological lens and...