This case is utilized in Darden's first-year course "Global Economies and Markets" and taught at the University of Virginia's School of Architecture, though it is also appropriate for classes in environmental sustainability. A technical note titled "Water Markets via an Economic Point of View" (UV6903) was developed to accompany this case or other cases addressing the topic of international water supply.
Australian Causeway Asset Management, as an example, expected high future returns due to the "long-term supply/demand imbalance for Australian water, that will result in higher water prices. Owning Australian Water Entitlements supplies investors with direct exposure to water costs." There was rather a story to be told about water on this continent of notably changeable weather, especially since the "Big Dry," also referred to as the Millennium Drought. More than anything, water markets had been supported by the drought as a principal tool in Australian water management. As the drought receded, its position was taken by the floodings of 2009, 2010, and 2011, so water costs were not high and potentially attractive for buyers abroad.
The Big Dry and Australia's Water Markets case study solution
PUBLICATION DATE: September 12, 2012 PRODUCT #: UV6984-PDF-ENG
This is just an excerpt. This case is about GLOBAL BUSINESS
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