Terence Richard Lee, Independent Consultant

'Interest in water resources reallocation via water markets has been increasing over the last two decades in response to several factors, and while many authors have devoted attention to the whys, wherefores, and implications of resource shifts, as well as to the relative successes and failures of water markets, few have given the market mechanism itself as careful consideration as Terence Richard Lee. . . Lee has provided a valuable look at how privatization might be accomplished and effectively managed. . .'

• Contents: Introduction 1. Confronting the Scarcity of Water 2. Institutional Approaches Towards Water Management 3. Allocating Water Among Competing Users 4. Private Participation in Water Management 5. Regulation 6. Water Management and the Challenges of the 21st Century Index

Terence Richard Lee, Independent Consultant

'Interest in water resources reallocation via water markets has been increasing over the last two decades in response to several factors, and while many authors have devoted attention to the whys, wherefores, and implications of resource shifts, as well as to the relative successes and failures of water markets, few have given the market mechanism itself as careful consideration as Terence Richard Lee. . . Lee has provided a valuable look at how privatization might be accomplished and effectively managed. . .'

• Contents: Introduction 1. Confronting the Scarcity of Water 2. Institutional Approaches Towards Water Management 3. Allocating Water Among Competing Users 4. Private Participation in Water Management 5. Regulation 6. Water Management and the Challenges of the 21st Century Index