The 2018 edition of the United Nations World Water Development Report stated that nearly 6 billion peoples will suffer from clean water scarcity by 2050. This is the result of increasing demand for water, reduction of water resources, and increasing pollution of water, driven by dramatic population and economic growth. It is suggested that this number may be an underestimation, and scarcity of clean water by 2050 may be worse as the effects of the three drivers of water scarcity, as well as of unequal growth, accessibility and needs, are underrated. While the report promotes the spontaneous adoption of nature-based-solutions within an unconstrained population and economic expansion, there is an urgent need to regulate demography and economy, while enforcing clear rules to limit pollution, preserve aquifers and save water, equally applying everywhere. The aim of this paper is to highlight the inter-linkage in between population and economic growth and water demand, resources and pollution, that ultimately drive water scarcity, and the relevance of these aspects in local, rather than global, perspective, with a view to stimulating debate.
At a global level, monetary policy tightening is also proceeding at a rapid pace by historical standards. Including the Federal Reserve, nine central banks in advanced economies accounting for half of global GDP have raised rates by 125 basis points or more in the past six months.2 Global financial conditions have likewise tightened. Yields on 10-year sovereign debt in the United States, Canada, the United Kingdom, and the largest euro area economies are higher year to date between 170 and 350 basis points.
Managerial Accounting Asian Global Edition 2e Pdf 30
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