'Timely . . . an impressive, in-depth understanding and thorough analysis of what has been happening in Chile and why.'
Ken Conca, University of Maryland
'A valuable study. It highlights the global view of water issues and international water entities and emphasizes the importance of institutions first, then markets.'
Charles W. Howe, University of Colorado at Boulder
Preface
Acknowledgments
Introduction: The Chilean Water Model Comes of Age
1. The International Context: The Water Crisis and Debates about Water Policy
Integrated Water Resources Management
Perspectives on Water as an 'Economic Good'
Economic Interpretations of the Fourth Dublin Principle
Stretching the Neoclassical Paradigm: Institutional and Ecological Economics
International Significance of the Chilean Model
Water Markets and Water Policy in Other Countries
2. The Free-Market Model: Chile's 1981 Water Code
The 1980 Constitution: Foundation of the Water Code
'Legislative History' and Political Background
Chile's First Water Code (1951): Private Rights plus Strong Government
Chile's Second Water Code (1967): Swinging Left to Centralized Control
Water Rights after the 1973 Military Coup: Confusion and Neglect
Neoliberal Leanings (1976-1981): Private Property and Free Markets
The Final Version (1981): Compromise and Problems for Future Reform
3. Reforming the Reform? Policy Debate under Chilean Democracy
Reforming the Water Code: Mucho Ruido, Pocas Nueces
Round 1 (1990-1993): The Government Goes Too Far
Alternative Instruments: Water Rights Taxes versus Fees for Nonuse
Growing Emphasis on Economic Instruments and Analysis (1994-1995)
An Aside: Chilean Environmental Law
Round 2 (1996-2003): The Government Moderates Its Position
The Opposition Hardens
Constitutional Challenges of Fees for Nonuse
D j Vu All Over Again? The Revival of Water Rights Taxes
Pros and Cons of the Economic Instruments
The Bottom Line
4. The Results of Chilean Water Markets: Empirical Research since 1990
The Overall Trend: From Partisan Boosters to Greater Balance
Recent Chilean Overviews: Toward a Shared Diagnosis
The Limar River Basin: Poster Child for Chilean Water Markets
Issues Missing from the Research
Chile's National Water Policy in the Late 1990s
Missing Research Issue 1: Social Equity
Missing Research Issue 2: River Basin Management
Institutions f