Water resource management: Economics of water resources: From regulation to privatization

Abstract

A growing number of countries are now experiencing increasing water stresses because of a higher demand for usable water and a failure to protect available resources from pollution. Water is a precious and scarce commodity that should be properly managed and effectively utilized. A book entitled Economics of Water Resources: From Regulation to Privatization. coauthored by Nicolas Spulber and Asghar Sabbaghi, analyzes a number of issues in water resource management. The book provides extensive quantitative materials in support of water resource privatization. Water privatization that allows for a voluntary transfer of rights between buyers and sellers and adequate protection for other affected parties can lead to efficient use and conservation of available water resources.

Publication Title

Atlantic Economic Journal

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