But the reality of
the virtual water trade is starkly different.
Virtual water trade has enabled rapid population growth and urbanisation since the beginning of the industrial revolution.
«We simulated
virtual water trade based on virtual - water - poor regions (urban centres, such as Rome) demanding grain from the nearest virtual - water - rich region (agricultural regions, such as the Nile basin) in the network,» explains Dermody.
Our provincial - scale domestic analysis of the country's
virtual water trade is key to guiding such policy planning,» said Dalin, who is a former Princeton Environmental Institute Science, Technology and Environmental Policy fellow.
Through food trade, these water resources are transferred across borders in what's called a «
virtual water trade.»
Based on estimated global
virtual water trade flows, national
virtual water trade balances can be drafted, but getting countries to agree on creating a fair market for water isn't easy.
Ignacio Rodriguez - Iturbe of Princeton University and Samir Suweis of the Swiss Federal Institute of Technology in Lausanne have built the first mathematical model of the global
virtual water trade network, using the UN Food and Agricultural Organization's data on trade in barley, corn, rice, soya beans, wheat, beef, pork, and poultry in 2000.
Last year, Paolo D'Odorico of the University of Virginia at Charlottesville showed that a rise in
the virtual water trade makes societies less resilient to severe droughts (Geophysical Research Letters, DOI: 10.1029 / 2010GL043167).
Not exact matches
«At the global level,
virtual water and the
trading of it has geopolitical implications,» the WWC says in a report on the subject (pdf).
They determined the amount of
water transferred in kilograms by multiplying the
traded volume of a specific food item by the
water used to produce a unit of this item (the item's «
virtual water content») in the exporting province.
The new study used the concept of «
virtual water,» an economic concept used to track
water flows through
trade, to track how
water is
traded through agricultural products and other goods that require
water to produce.
Their
virtual water network indicates that the Romans» ability to link the different environments of the Mediterranean through
trade allowed their civilisation to thrive.
Trade in agricultural commodities thus amounts to trade in virtual w
Trade in agricultural commodities thus amounts to
trade in virtual w
trade in
virtual water.
Virtual Trading: Not every investor is ready to jump right in the
water and
trade stocks and options with real money.
Regional
virtual water balances and net interregional
virtual water flows related to the
trade in agricultural products.Period: 1997 - 2001.
This is a great segue to the concept of
virtual water, which opens up some international
trade dimensions to the discussion.