Economics of Hostile Hydropolitics over Transboundary Waters: Scarcity Values and Interstate Water Conflicts in India and USA - Image 1

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VDM Verlag Economics of Hostile Hydropolitics over Transboundary Waters: Scarcity Values and Interstate Water Conflicts in India and USA

Name: Economics of Hostile Hydropolitics over Transboundary Waters: Scarcity Values and Interstate Water Conflicts in India and USA
Brand: VDM Verlag
Price: 65.63 GBP
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Description

This volume exposes the colossal implications that valuation of water resources has in providing an explanation to transboundary water disputes. By challenging the ¿scarcity induces disputes¿ contention, the volume proposes that the potential cause of dispute over transboundary waters is not physical scarcity of water, but the way in which ¿scarcity¿ is being valued by co-riparians. This is being referred here as the ¿scarcity value¿ of water. Based on neoclassical economic theory, ¿scarcity value¿ has been defined as the value that could have been generated if the ceiling on water availability in the water scarce economies is relaxed by a unit. Under scarce conditions, the value is not generated, and hence the name. It is merely this feeling of deprivation due to scarcity that causes the discontentment among the competing stakeholders of transboundary waters, and compels them to react, thereby leading to water conflicts. In this book, this contention has been empirically validated with the cases of disputes over water sharing over Cauvery River in south India, and over Colorado River in the western part of US. About the Author Nilanjan Ghosh, a natural resource economist by training, is Senior Vice President at Takshashila Academia of Economic Research Limited, Mumbai, India. He obtained his Doctorate from Indian Institute of Management Calcutta. His previous stints include faculty position at TERI University, and research position at TERI, New Delhi.

Product Specifications

Brand: VDM Verlag
Format: paperback
ASIN: 3639179595
Category: Books > Subjects > Business, Finance & Law > Economics
Domain: Amazon UK
Release Date: 01 September 2009
Listed Since: 02 September 2009

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VDM Verlag Economics of Hostile Hydropolitics over Transboundary Waters: Scarcity Values and Interstate Water Conflicts in India and USA

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