Droughts Down under

IIPM BEST B-SCHOOL

The threat of global warming is creeping in faster than one can imagine. Rainfall patterns have changed with global temperatures increasing consistently over the last 50 years. The Prime Minister of Australia, John Howard had publicly expressed concern over the anomalous drought situation which has dried up her rich food and crop cultivation areas. The drought that has been on for the past 6 years has sucked dry, once existing water resources. With its warm clime, Australia’s flatlands are more susceptible to global warming. Professor of Natural Resources Science at Adelaide University, Wayne Meyer says, “We are the ones that are going to be at the forefront because we’re less buffered”. The cultivation of fruit products saw an enormous hit due to the drought, pushing up prices. If measures of conserving water resources are not set and followed, the brunt would be borne by the generation very next to this one. Without serious thought and implementation of a sound system of allocation and use of water resources, the drought will not only continue but spread further as well . . .

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative