Making Bank irrigation investments more sustainable
Gerald T. O'Mara
No 420, Policy Research Working Paper Series from The World Bank
Abstract:
This paper is about sustainability of irrigation investments in both the financial and physical senses. Finance provides the claim on resources necessary to accomplish physical operations in an economic system, while physical operations provide a flow of services for which beneficiaries are willing to pay in terms of claims on resources. This paper discusses two polar models of irrigation finance, followed by a discussion of quality control in irrigation and reviews of World Bank irrigation pricing policy, irrigation cost recovery and operations and maintenance funding conditionality experience. It includes a discussion of reasons for noncompliance with Bank irrigation lending conditionality. A framework for the design of sustainable irrigation investments is presented and a summary of results and recommendations is given.
Keywords: Environmental Economics&Policies; Agricultural Research; Drylands&Desertification; Agricultural Irrigation and Drainage; Banks&Banking Reform (search for similar items in EconPapers)
Date: 1990-05-31
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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:420
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