Water trading markets
Facilitating financial flows through the hydro-social cycle
Bibliographic Data
| ID | 8945343 |
|---|---|
| Authors | Madelaine Moore (0000-0002-2459-9674, Bielefeld University, corresponding author) |
| Year | 2024 |
| Volume | 150 |
| Pages | 103977-103977 |
| Publication date | 2024-03-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Geoforum (JOURNAL) |
| Journal identifiers | ISSN: 0016-7185 • E-ISSN: 1872-9398 |
| Publisher | Elsevier BV (PUBLISHER) |
| DOI | 10.1016/j.geoforum.2024.103977 |
| OpenAlex | W4393098434 |
| Language | EN |
| Citations received | 4 |
| References cited | 33 |
The world is facing a global water crisis, a crisis that is increasingly framed as a crisis of water governance. As water activists have successfully problematised neoliberal water governance, the question about what is going to come next remains. While current governance proposals appear somewhat similar to what came before, one key shift is the increasing articulation of water governance to circuits of global finance, seen through a growth in financial investors in the water sector but also the way that water and water services and infrastructures are being rendered legible for inclusion into financial markets – the first water futures market being one example. This article explores the water futures market in dialogue with three long-standing water trading markets (Australia, USA and Chile) in order to untangle the processes involved in, and barriers to, the financialization of water resources. The argument put forward is that although material barriers to the expansion of a water futures market exist, this does not mean that water resources remain immune to these processes. Instead, logics of crisis, risk management, and questions of financing appear to characterise this shifting terrain of global water governance across the hydro-social cycle. Moreover, when explored as a hydro-social cycle the financialization of these nodes are not singular “one-offs” but may instead feed into, facilitate, or conversely hinder further financialization across the hydro-social cycle
Business · Commerce · Economics · Financial market · Natural resource economics · Water cycle · Ecology · Finance · Housing, Finance, and Neoliberalism · Water Governance and Infrastructure · Water-Energy-Food Nexus Studies
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What Is Water?
An Uncooperative Commodity
Financialization and the World Economy
The Financialization of Water
The Political Economy and Political Ecology of the Hydro‐Social Cycle
Power, Nature and Neoliberalism
Liquid gold or the source of life? Understanding water commodification as a contradictory and contested political project
The bio-financialization of Irish Water
Geographies of infrastructure 1
Financialising urban water infrastructure
Contested H2O
Subsidizing the State
From state to system
Nature as Accumulation Strategy? Finance, Nature, and Value in Carbon Markets
Markets for Water
Financialized savings in public water governance
Incorporating Comparison within a World-Historical Perspective
Worlding Water Supply
The financialization of the American economy
The politics of comparing capitalisms
The Anthropology of Water
Trusts at the financial frontier
| Unique citing works | 4 |
|---|---|
| Citations per year | 4 |
| Citation span | 2025 - 2026 (2) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 4 |