Under the sponsorship of the University of Sydney, on 5-6th December 2002 the future of farm management in Australia was discussed. The fundamental conclusion achieved by key primary industry representatives, corporate executives, academics, consultants and researchers is that farm management...

There has been substantial focus on water resource development in India, but with emphasis mainly on the technical side. Development of institutions to manage the interactions and arrangements necessary has received little attention. The study uses the new institutional economics framework and...

There has been substantial water resources development for agriculture in India but the emphasis has been mainly on the technical side - the building of the necessary institutions required for effective management of the resource has received little attention. Many believe that water resource...

Notwithstanding the neoclassical predilection for markets as a means of allocating scarce resources, it remains the case that state-devised attenuation of behaviour is the norm for many resource allocation decisions. This is particularly apparent in the case of water in urban areas in Australia,...

Natural resource management organisations in Australia routinely establish resource condition targets in their regional plans/catchment strategies. We reviewed biodiversity, water and community resource condition targets set by Catchment Management Authorities (CMAs) in Victoria and New South...

A multidisciplinary team of researchers made efforts to influence the design and implementation of environmental policy in Australia. A focus of these efforts was the development of the Investment Framework for Environmental Resources (INFFER). In addition, the team undertook a diversity of...

Groundwater extraction can have varied and diffuse effects. Negative external effects may include costs imposed on other groundwater users and on surrounding ecosystems. Environmental damages are commonly not reflected in market transactions. Groundwater transfers have the potential to cause...

Perth, Western Australia (pop. 1.6m) derives 60% of its public water supply from the Gnangara groundwater system (GGS). Horticulture, domestic self-supply, and municipal parks are other major consumers of GGS groundwater. The system supports important wetlands and groundwater-dependent...

The development of a market in groundwater usage rights can be inhibited by constraints arising from the institutional context. Such impediments may reduce the potential gains from trade and may generate high transaction costs for prospective traders. We analyse the regulations and policies...