Role of economic instruments in water allocation reform: lessons from Europe

A growing number of countries are reforming their water allocation regimes through the use of economic instruments. This article analyzes the performance of economic instruments in water allocation reforms compared against their original design objectives in five European countries: England, France,...

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Bibliographic Details
Published in:International journal of water resources development 2019-03, Vol.35 (2), p.206-239
Main Authors: Rey, Dolores, Pérez-Blanco, Carlos Dionisio, Escriva-Bou, Alvar, Girard, Corentin, Veldkamp, Ted I. E.
Format: Article
Language:English
Subjects:
Allocation
Barriers
Case studies
Constraints
Economic analysis
economic instruments
Economics
Europe
Instruments
Integrated Water Resources Management
Reforming
Resource allocation
Socioeconomic aspects
Water allocation
water policy
Water resources
Water supply
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Summary:A growing number of countries are reforming their water allocation regimes through the use of economic instruments. This article analyzes the performance of economic instruments in water allocation reforms compared against their original design objectives in five European countries: England, France, Italy, Spain and the Netherlands. We identify the strengths of, barriers to and unintended consequences of economic instruments in the varying socio-economic, legal, institutional and biophysical context in each case study area, and use this evidence to draw out underlying common guidelines and recommendations. These lessons will help improve the effectiveness of future reforms while supporting more efficient water resources allocation.
ISSN:0790-0627
1360-0648
DOI:10.1080/07900627.2017.1422702