Tradable Property Rights to Water: How to Improve Water Use and Resolve Water Conflicts
Author: Mateen Thobani Date: 2/1/1995 (PDF, 200KB)
Tradable property rights to water create a built-in incentive for people to conserve water and use it productively. Moreover, a rights-based system is fairer than a publicly administered scheme, and it allows the government to hand over the role of building, operating, and maintaining infrastructure to the private sector so that it can concentrate on regulatory and public good functions. Mateen Thobani explains the issues involved.