The next big thing: H2O
- Foreign Policy
- 19 April 2009
Water is the new gold, and a few savvy countries and companies are already banking on it.
Water is the new gold, and a few savvy countries and companies are already banking on it.
THE overthrow of Madagascar’s president in mid-March was partly caused by water problems — in South Korea.
Are there any answers to this looming crisis? Some countries are buying land. There is vague talk about governments introducing “water management reforms”. Even more opaquely, there are calls for “multi-country discussions on trans-boundary issues, international trade and investment flows”.
Global food shortages have placed the Middle East and North Africa in a quandary, as they are forced to choose between growing more crops to feed an expanding population or preserving their already scant supply of water.
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