Towards Institutional Arrangements to Ensure Optimal Allocation and Security of South Africa's Water Resources
E. F. Y. Gakpo,
L. A. du Plessis and
M. F. Viljoen
Agrekon, 2001, vol. 40, issue 01
Abstract:
The ever-increasing pressure on the nation's water resources challenges water management institutions to be constantly changing in order to serve the changing needs. The institutional development of the water industry had been characterised by restrictions and inequitable distribution hence inefficient use of water from a total welfare perspective. The current institutional arrangement since the new democratic dispensation makes ample provisions to correct the deficiencies of the past. Despite the progress, water allocation is still supply-side dominated, the Minister holds the power, decision support and management tools are lacking or inadequate to help the proposed CMAs and WUAs to allocate water optimally and efficiently. In an effort to close this gap, an alternative institutional framework, Capacity Sharing (CS), to augment the current institutional arrangement is therefore proposed to address such issues. A strategy to drive water a/location through efficient pricing hence achieving water security under CS is suggested.
Keywords: Agricultural and Food Policy; Public Economics (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:ags:agreko:269279
DOI: 10.22004/ag.econ.269279
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