| Water has a strategic position in the social development. In the transformation period, with the socialist market economy becoming reasonable, the problem of water is more conspicuous. The dysfunction of market and government, the ambiguous property right and the definition of property of public goods, all these result in the extremely low water price, waste of water resource and severe water pollution. Thus, the "water crisis" is triggered and becomes the bottleneck to economic development. The thesis takes the way of institution analyzing, and adopts the broker hypothesis and the theory of public choice. It probes into the administration of water resource. Based on the present situation of water resource in Ghina, the thesis argues that the key of sustainable development of water resource is institution. For a very long time, the separation of water administration authorities made the administration decentralized and ambiguous. And it exerted direct bad influence on the rational distribution, efficient utilization and protection of water resource. To the big three problems of water ?shortage, pollution and environmental deterioration, on the base of adopting advanced foreign administration experience, the thesis analyzes the institutional shortcomings of water resource administration of China. Taking account of the principle of fairness and efficiency, the thesis provides an institution arrangement for water resource administration. To secure sustainable development of water resource, we should improve the legal system of water resource administration, establish a unified administration system, reform the water price administration system to subsidize the "weak group" , set up a water saving system, and improve the pollution control system. |