In the End of Abundance and Aguanomics, you continuously make reference to the importance of good institutions in water management/policy making. I agree 100% and have written about this before. However, I could use a few articles (that guide some of your arguments) that directly speak to institutions for in my on-going paper on climate change adaptation and water. Do you have any articles/links that can point me to the importance of institutions in water?Good question.
I sent back these quick examples (over 500 posts on this blog cover "institutions"):
- The Dutch are good at those
- In Heart of Dryness Workman discusses how the Bushman have "institutions" for surviving in the desert. See also Water temples in Bali.
- The Australian water market is going to be robust to high/low flows, in the sense that temporary water, as a % of permanent rights, will vary with actual flows. See this post and this post and -- of course -- my book.
Bottom Line: Institutions can have formal property rights and prices -- or not -- all that matters is that they do a decent job at efficiently and fairly managing scarce water.