Siren Song: Chilean Water Law as a Model for International Reform.

Carl Bauer. 1616 P Street NW, Washington, D.C. 20036: RFF Press, April 2004. [phone]. www.rffpress.org. ISBN 1-891853-79-1. 164 pp. $33.95 Clothbound.

Increasing scarcity, conflict, and environmental damage are critical features of the global water crisis. As governments, international organizations, NGOs, and corporations have tried to respond, Chilean water law has seemed an attractive alternative to older legislative and regulatory approaches. Boldly introduced in 1981, Bauer argues that the Chilean model is the world's leading example of a free market approach to water law, water rights, and water resource management. Despite more than a decade of international debate, however, a comprehensive, balanced account of the Chilean experience has been unavailable.

Siren Song is an interdisciplinary analysis combining law, political economy, and geography. Bauer places the Chilean model of water law in international context by reviewing the contemporary debate about water economics and policy reform. He follows with an account of the Chilean experience, drawing on primary and secondary sources in Spanish and English, including interviews with key people in Chile. He presents the debate about reforming the law after Chile's 1990 return to democratic government, as well as emerging views about how water markets have worked in practice. The resulting book provides insights about law, economics, and public policy within Chile and lessons for the countries around the world that are wrestling with the challenges of water policy reform.

Carl J. Bauer is a fellow at Resources for the Future and author of Against the Current: Privatization, Water Markets, and the State in Chile. Currently living in Santiago, Chile, and conducting research on hydroelectric policies and the role of courts in resolving regulatory conflicts in Chile and Argentina, Professor Bauer is also a visiting professor at the Diego Portales University Law School in Santiago through 2004.