The Importance of Getting Names Right: The Myth of Markets for Water

In this article, I address one particular name much in vogue around the globe since the end of communism and the virtual demise of socialism-the word "market." I address the use of this word as applied to a particular context-namely the now fashionable claim that markets for water will provide a nearly painless means for resolving problems of water allocation, distribution, and preservation. What I find most alarming about this fashion is the misuse of the name market-at least as I understand that word

A Proposed Fishery Conservation and Management Act for the Republic of China

This article has two parts. It begins with the text of the proposed (fishery) act. Following the text is a brief section-by-section analysis of the proposed act

Special Challenges to Water Markets in Riparian States

Georgia, especially the Atlanta region, has encountered recurring and increasingly severe droughts. Phenomenal growth has compounded the water shortage problem. Georgia has also become embroiled in legal disputes with neighboring states over their shared water resources. Even the arrival of ample rains did not end water restrictions in Georgia. Georgia's regulated riparian regime should have facilitated its response. Yet Georgia's regulated riparian regime is in some respects undeveloped; in particular, it exempts nearly all "farm uses" from its regulatory requirements. Thus, the underlying legal regime, based upon traditional riparian rights, remains important in Georgia. The resulting complexity of the water law in the State is an impediment to the flexibility necessary for the most efficient and effective response to these growing problems