Assessing Water Rights in China

Name: Assessing Water Rights in China
Brand: Springer Nature
SKU: 9789811050831
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Springer Nature

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9789811050831

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Product Description

Thisbookpresents a model for describing the hierarchical concept of Chinas water rights structure, one which takes into account pioneering theories on natural resources and environmental institutional economics. It highlights the basic theory of water rights, with a view to helping Chinese policymakers acquire a deeper understanding of water rights and the need for a reform program in the long-term development of water-poor China. To do so, it draws on three main sources: Cheung SNSs Economic Explanation, Douglas C. Norths New Economic History and Ray Huangs Macro History. Thebookmakes two essential contributions: it elaborates the hierarchical water governance structure in China, which originated in the Qin Dynasty that unified the country 2000 years ago and has been employed without interruption ever since; further, it constructs a choice model for water governance structures and advances the logic of making structural choices with minimum transaction costs under constraint conditions, while also explaining the inherent nature of Chinas choice for the hierarchical structurefrom the perspectives of management cost and cooperation cost. As such, thebookenriches and builds on the theories of the water governance school represented by Karl Marx, Karl Wittfogel and Ray Huang, laying the foundation for the further study of water rights theory in contemporary China.

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