Water as an economic good

Desmond McNeill

Natural Resources Forum, 1998, vol. 22, issue 4, 253-261

Abstract: There has been much debate in recent years about whether or not water should be regarded as an ‘economic good’, and, if so, what this implies. This paper discusses both water resources in general and the more specific issue of domestic water supply within the context of current debates on sustainable development. It addresses some practical and some more philosophical aspects of the matter, and how these relate to the concerns of different international organisations involved in the sector. It argues that water should be regarded as an economic good, but in a broad rather than a narrow, ‘economistic’ sense.

Date: 1998
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https://doi.org/10.1111/j.1477-8947.1998.tb00735.x

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Persistent link: https://EconPapers.repec.org/RePEc:wly:natres:v:22:y:1998:i:4:p:253-261

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