The challenge to manage the allocation of water efficiently and equably will become a dominant theme of the new millennium. At a time when the cost of obtaining fresh water is rising throughout the globe, Terence Lee analyses the means for establishing and operating effective water markets. He...

A decade after the implementation of the initial wave of economic reforms in India, the process of transforming the country into a fully developed market economy continues. A hallmark of the globalised economy is its ability to sustain competitive efficiency which, in turn, can lead to enhanced...