Against the Current: Privatization, Water Markets, and the State in Chile / Edition 1

Against the Current: Privatization, Water Markets, and the State in Chile / Edition 1

by Carl J. Bauer
     
 

ISBN-10: 0792382277

ISBN-13: 9780792382270

Pub. Date: 08/31/1998

Publisher: Springer US

In 1981 Chile's military government dictated a new Water Code that radically changed the country's previous water rights system by strengthening private property rights, favoring market incentives, and reducing state regulation. Against the Current: Privatization, Water Markets, and the State in Chile is the first empirical and interdisciplinary study of water

Overview

In 1981 Chile's military government dictated a new Water Code that radically changed the country's previous water rights system by strengthening private property rights, favoring market incentives, and reducing state regulation. Against the Current: Privatization, Water Markets, and the State in Chile is the first empirical and interdisciplinary study of water markets in Chile, which is the leading international example of free market water policies. Against the Current: Privatization, Water Markets, and the State in Chile challenges the glowing reports given by neoliberals in Chile and the World Bank, showing that the results of this economic experiment have actually been rather mixed. Within the agricultural sector the Water Code has worked fairly well, although the market incentives to conserve water have been ineffective and water rights trading has been less active than expected. The Code's impact has been more negative at the level of river basins, where the institutional framework has revealed critical flaws in coordinating multiple water users and resolving conflicts. Against the Current: Privatization, Water Markets, and the State in Chile combines law, political economy, and geography to analyze the disadvantages, problems, and wider contexts of water markets. This book will appeal to everyone interested in property rights, market-friendly environmental policies, the political economy of sustainable development, and the intersection of economics with law and institutions.

Product Details

ISBN-13:
9780792382270
Publisher:
Springer US
Publication date:
08/31/1998
Series:
Natural Resource Management and Policy Series, #14
Edition description:
1998
Pages:
164
Product dimensions:
6.20(w) x 9.30(h) x 0.70(d)

Table of Contents

List of Maps. List of Tables. 1. Introduction. 2. Blueprint for the Neoliberal Model: Law, Economics, and Politics in the 1980 Constitution. 3. Water Rights and the Law of the Pendulum: Legal and Political History of the 1981 Water Code. 4. Bringing Water Markets Down to Earth: Water Rights Trading in Practice, 1980-1995. 5. Private Property and River Basins: Water Use Conflicts, the Market Model, and the Courts. 6. Conclusions. Bibliography. Index.

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