Author: Mateen Thobani
Published- Feb 01, 1995
Published- Feb 01, 1995
Report
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.
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.