Water resource management

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 entitledEconomics 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.