This book explores the interaction between climate change and the agriculture sector. Agriculture is essential to the livelihood of people and nations, especially in the developing world; therefore, any impact on it will have significant economic, social, and political ramifications....

?This book is a very useful collection for those interested in the impact of agriculture on water resources, and on the allocation of water resources within the agricultural system. It pulls together most of the important theoretical papers since the early 1980s on the economics of non-point pollution control....

Markets for Water: Potential and Performance dispels many of the myths surrounding water markets and gives readers a comprehensive picture of the way that markets have developed in different parts of the world. It is possible, for example, for a water market to fail, and for the transaction costs in water markets to be excessive....

As globalization links economies, the value of a country\'s irrigation water is becoming increasingly sensitive to competitive forces in world markets. Water policy at the national and regional levels will need to accommodate these forces, or water is likely to become undervalued....