Water scarcity likely to slow global GDP growth
Published on by Water Network Research, Official research team of The Water Network in Social
A report published by consultancy Frontier Economics and HSBC finds the 10 most populous river basins are expected to produce a quarter of global GDP by 2050, up from 10 per cent today. Although nine of these basins are in developing nations, this projected economic output is greater than the forecast size of the US, German, and Japanese economies combined. But echoing a report published last month by analysts Maplecroft, Frontier says this growth is under threat from unsustainable water consumption. Read more: http://j.mp/MJ3Fsq