The Role of Government in Water Markets

To analyze what impact roles government actually have on water markets operation, Casado Pérez examines case studies of California and Spain to assess the success of their water markets. She explores why water markets were more extensively institutionalized in California than in Spain in the first ten years since their introduction and how the role of governments in each case study impacted water market operation._x005F_x000D_ This unique analysis of governmental roles in water markets, alongside qualitative studies of California and Spain, offers valuable guidance to understand environmental markets and to face the challenges presented by water management in regions with periodical droughts. _x005F_x000D_