Published online by Cambridge University Press: 21 April 2021
The chapter surveys the literature and approaches that deal with the economics and politics of managing internationally shared water resources (aka transboundary water). Principles that are relevant to the analysis of management of shared international water are discussed and demonstrated. One aspect that is unique to international water is the use of agreements between all or part of the riparian states that share the basin. The chapter introduces several means by which cooperation among the riparian states is defined and calculated, using the information embedded in the treaties that they signed. The chapter provides also an example, applied to the case of the Blue Nile Basin, of the effect of using certain allocation methods on the welfare of the river basin riparian states, Ethiopia, Sudan, and Egypt, and its effects on the stability of their allocation agreement.
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