5. Conclusion
Privatisation of the TGCH Lagoon bed encouraged shrimp farmers to adopt intensive production methods. In the
absence of well-defined property rights to lagoon water, farmers over-intensified as they were able to externalise the
costs of their water pollution. In addition, the process of privatisation was not well regulated and natural waterways
were blocked by earthen walls and fine-mesh nets. This aggravated the pollution problem and shrimps became
increasingly prone to disease as the water quality deteriorated.