The Watershed Approach to Sustainability on the Common Pool Resources: Lessons of India's Experience

Abstract

"Sustainability of renewable natural resources in general and common pool resources in particular is now a major concern of natural resource policy makers, planners, scholars, managers, and environmentalists worldwide. This papers defines sustainability as the ability of natural resource system to produce socially optimum levels of output in perpetuity with no detrimental effects on the physical environment and future generations. Sustainability is commended as an explicit goal of natural CPR development, the conditions for sustainability are derived mathematically using the concept of optimal stationary policy. The paper briefly describes the agro-ecological characterization and the watershed approaches to sustainability and, drawing India's experience, show that the watershed approach is practical and could enhance sustainability or renewable natural CPRs."

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Keywords

IASC, water resources, watersheds, sustainability, common pool resources

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