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About this book
About this book
How are the economic values of water and water quality accounted for in policy and project appraisal? This important new book aims to give an overview of the state-of-the-art in Cost-Benefit Analysis (CBA) in water resources management throughout Europe and North America, along with an examination of current applications.
The distinguished authors highlight problems and challenges encountered in the use of CBA in 15 country-specific case studies. Based on these case studies, the value and limits of CBA in water resources management are assessed and special attention is paid to the institutional and policy context in which CBA is carried out.
1. Introduction; 2. Economic Criteria for Water Allocation and Valuation; 3. Water as an Economic Good; 4. Appraising Flood Control Investments in the UK; 5. Cost - benefit Analysis and Flood Control Policy in the Netherlands; 6. Cost - benefit Analysis of River Restoration in Denmark; 7. Cost - benefit Analysis and Complex River Basin Management in the Stockholm Archipelago in Sweden; 8. The Costs and Benefits of Implementing the European Urban Waste Water Directive in Greece; 9. Cost - benefit Analysis of the Remedial Action Plan to Improve Water Quality in the Great Lakes in Canada; 10. Benefit - cost Analysis of Regulations Affecting Surface Water Quality in the United States; 11. The Costs and Benefits of a Revised European Bathing Water Directive in the Netherlands; 12. Cost - benefit Analysis of Improved Bathing Water Quality in the United Kingdom as a Result of a Revision of the European Bathing Water Directive; 13. Cost - benefit Analysis of Large Scale Groundwater Remediation in France; 14. Cost - benefit Analysis and Efficient Water Allocation in Cyprus; 15. Cost - benefit Analysis, Water Scarcity and Sustainable Water Use in Spain; 16. Cost - benefit Analysis of Urban Water Supply in Mexico City.
404 pages, Tabs, figs
'Water is not just H2O, but has a socioeconomic value for many use and non-use purposes. This volume contains a varied set of very interesting evaluation studies on water resources management. The editors have served the scientific community and relevant policy bodies with a balanced collection of operational contributions to a solid cost - benefit perspective on water management. This book is certainly an eye-opener for anyone interested in the significance of cost - benefit analysis for water policy issues.' - Peter Nijkamp, Vrije Universiteit Amsterdam, The Netherlands.
'The book chapters are written to accommodate readers of various disciplines, using a descriptive analysis of complicated issues to be easily comprehended by non-technical readers. The coverage of the issues is also phenomenal, including application of CBA to flood control, river restoration, river basin management, water quality, ground water, and water allocation, to mention only a few. The group of contributing experts is also very impressive, including authoritative practitioners and academicians, all of whom display a high level of expertise and experience. In a world where water becomes a contested scarce resource, the appropriate use of economic tools in a policy context is a very important goal. This book with its authoritative guidance does contribute to achieving it.' - Ariel Dinar, World Bank and Johns Hopkins School of Advanced International Studies, US.