Journal article

Water Markets in Federal Countries: Comparing Coordination Institutions in Australia, Spain and the Western USA

Dustin E Garrick, Nuria Hernandez-Mora, Erin O'Donnell

Regional Environmental Change | Springer (part of Springer Nature) | Published : 2018

Abstract

Water markets are a prime example of decentralised resource allocation, yet their success often depends on strong coordination institutions, particularly as water is redistributed across sectors and political borders. The territorial division of authority in federal countries creates potential intergovernmental coordination challenges in river basins shared by multiple jurisdictions. This paper compares water markets and associated institutional reforms in Australia, Spain and the Western USA—three countries with long-standing experience with water markets but different approaches to distributing authority and intergovernmental coordination. We conduct an institutional mapping of national an..

View full abstract

University of Melbourne Researchers