China's endowment of water resources is extremely low, poorly distributed, and increasingly polluted. With agriculture … being one of the main consumers of water, China's future development depends on initiatives that will raise the efficiency … and efficacy of water use. These workshop proceedings examine the current situation in China, look at what is being done …

Water quality markets: institutional design and performance -- Market-like water quality trading: why it matters and … how to make it happen -- Buying water for the environment -- Auctions of water rights -- The economic effects of using … property taxes in lieu of direct user fees to pay for water -- The economics of dam decommissioning for ecosystem restoration …

of water allocation and distribution problems. Written in an accessible and straightforward style, it discusses and … analyzes central issues in integrated water resource management, water tariffs, water markets, and transboundary water … management. By illustrating the interplay between the hydrological cycle and the rules and institutions that govern todays water …