The political and economic importance of water

Share via Email Despite political tension between the two countries, India and Pakistan have cooperated over the Indus River. The world is facing a global water crisis. This year, the World Economic Forum and world business leaders identified that water supply crises are amongst the highest impact risks facing the modern world.

The political and economic importance of water

Navajo Indian Irrigation Project Case studies: It was in when the first machinery was used to mine the gold from the region.

KEY LESSONS LEARNED

The average amount of contamination in the water system of Obuasi was over 10—38 times the maximum amount that is allowable by law. During precipitation or rainfall, the dust "may be oxidized to the trioxide by the air and be converted to the sulphate in dew and rainwater".

Residents have seen the environmental changes especially in the water. Sludge floats down on streams that were once main sources of drinking water according to local residents.

Many local farmers suffered the hardest with the contamination of the water. Due to the irrigation systems using the contaminated water to irrigate all of the soil were then contaminated as well.

According to Action Aid, many schools have been flooded with the over flow of the local streams, causing the children to leave school, sometimes permanently.

AngloGold Ashanti AGA has put up standpipes to compensate for the contaminated water supplies, but these have also been useless to the locals.

No compensation has been giving to the local residents for the damage they have done to their water and environment. Global economy[ edit ] Globalization has benefitted the economy greatly through increased trade and production of food, energy, and goods.

Water is a finite resource that is shared between nations, within nations, multiple interest groups and private organizations. Poor water politics and practices can result in water conflictwhich is more common surrounding freshwater due to its necessity for survival.

Water and sustainable development | International Decade for Action 'Water for Life'

Countries that have a greater supply of water have greater economic success due to an increase in agricultural business and the production of goods, whereas countries, which have limited access to water, have less economic success.

The World Trade Organization has emerged as a key figure in the allocation of water in order to protect the agricultural trade. This water conflict begun in as a result of poor water politics and management between nation states and negotiations are ongoing.

Currently, negotiations have attempted to establish a fair divide and share of the Jordan River, but have had little success. The shared jurisdiction of access to water between intergovernmental actors is crucial to efficient water politics.

Inefficient water politics at the subnational level has a greater impact on the local economy through increased costs for businesses, increased costs for the agricultural sector, decreased local competitiveness, decrease in local jobs and infrastructure costs.

The Colorado River Basin demonstrates intergovernmental conflict over the autonomy of water politics. Cooperation in subnational water politics can result in economic benefits through shared costs and risk for infrastructure.

In addition, efficient water politic management results in profitable allocations of water that can sustain irrigation and the agricultural sector. Human Rights[ edit ] Water is an absolute necessity in human sustainability and human survival. There is no human activity that can be sustained without the use of water whether it be at a direct or indirect level.

In addition, the Millennium Development Goals of includes the sharing and fair allocation of water as a major goal.

Equal access to water entails that no individual should be given privilege over the other at the absolute basic level. The sale of water cannot be permitted or justified under the United Nations at the basic level because water is seen as a universal human right.

Water politics in the Middle East - Wikipedia Economic organization of the water sector:
UN Websites Water and sustainable development Water is at the core of sustainable development and is critical for socio-economic development, healthy ecosystems and for human survival itself.
Water and the economic crisis - OECD Observer Water is perhaps the most important commodity on earth.
When cities or societies neglect water, they face collapse. The discussions and analyses emerging from the current economic crisis focus on what went wrong, how to stop the downward spiral, and how to create a better society in the future.

The right to water was created specifically to assist poor individuals in developing countries through attaining equitable access to water to prevent illness and death.

Still, international leaders are struggling with incorporating bilateral and multilateral agreements to ensure efficient and fair water allocation.

For instance, there are approximately river basins and ground water aquifers with policies that manage the sharing of the resource by two or more nations. The United Nations has not presented an initiative to create a strategic framework to penalize nations, which have water conflicts.

The economic conception of water 63 of value nor the use of water to illustrate it wa~ original with Smith2. Two thousand years before Smith, Plato had observed that: "only what is rare is valuable, and water, which is the best of. Economic valuation of water resources a specified set of procedures or concept of due process to make a decision that balances conflicting values at the political level. The importance of water in national development strategies. Water politics plays a role in various areas of politics in the Middle East, and it is particularly important in one of the defining features of the region's political landscape.

There has been a demand from countries and interest groups for the United Nations to set out a policy with rules and boundaries on water sharing and allocation. This policy must include clear-cut penalties for countries that go against the policies.

The political and economic importance of water

Bilateral and multilateral agreements are most important for third world countries since water is a scarce resource, and they will be the first to face water shortages.Economic uses and importance of water: Water is used to clean clothes and other fabrics in homes. On commercial basis, it is used by dry cleaners, capital washing firms .

The government forfeits the management of water politics to a private organization. Private organizations allocate water based on capitalism mechanisms.

The commercialization of water politics in the private sector distributes water based on rationales that concern economic profitability.

The political and economic importance of water

After receiving nearby access to quality water- a one hour roundtrip venture- participants experienced improved economic situations. The implementation of the water intervention encouraged economic development within the communities.

Aug 15,  · The importance of water can’t be denied anywhere as the water is the most important thing for all living organisms and the every field is, directly or indirectly, associated with water.

Here are some sectors which effect economy and are directly involved with use of water. The problem of water scarcity is a growing one. As more people put ever-increasing demands on limited supplies, the cost and effort to build or even maintain access to water will increase.

And water's importance to political and . Despite political tension between the two countries, India and Pakistan have cooperated over the Indus River. Photograph: Duncan Willetts/Sportsphoto Ltd. The world is facing a global water crisis.

ECONOMIC IMPORTANCE OF WATER