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Over extraction of Groundwater Resources: What Are The Solutions?

Jul 31, 2015

The amount of water extracted from aquifers worldwide has increased threefold in the past fifty years, leading to an aggravated overdraft of these common resources. This “pumping race” brings about major adverse economic, environmental and social impacts. However, economic analysis and evidence-based knowledge teach us that it is possible to overcome this “tragedy of the commons”.


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