| Abstract: | Benefit sharing is a concept associated with regional cooperation for sustainable water resources management. To this end, the present study analyses how implementation of this concept may contribute to economic growth and the promotion of sustainable livelihoods in the Lower Mekong Basin (LMB). It focuses on the balance between economic and human development, national interests, and the procedures used to manage water resources in the basin. It was found that: (a) Benefits obtained from the Mekong River are not equally shared between riparian countries because of inadequate regional cooperation, with economic and social development in the LMB being uneven, with Thailand and Vietnam achieving better human development, poverty reduction and food security outcomes than Laos and Cambodia; (b) Lack of shared national interests, or a common development agenda, has resulted in unsustainable water resource management outcomes; and (c) Procedures for water resources management agreed by the four LMB countries are well‐aligned with the conceptual framework for benefit sharing defined by Sadoff and Grey (2002, Water Policy, 4, 389), although while these procedures have the potential to facilitate a more cooperative agenda for equitable sharing of social, economic and environmental benefits from the water resources of the Mekong River, implementation of the 1995 Mekong Agreement currently remains controversial. The five procedures for water resource management developed by the Mekong River Commission have not resulted in satisfactory outcomes, due in part to the institution lacking regulatory authority. |
