Successful management of water must balance development needs and economic considerations
In mid-2013, Ethiopia began construction on the Grand Renaissance Dam on the Blue Nile just upstream from Sudan and Egypt. In many ways this massive dam is a symbol of the water challenges faced by billions of people around the world, with multiple meanings, interpretations, and implications.
For Ethiopians, it represents their first major attempt to control and use the waters of the Nile for economic development in the form of hydropower generation and perhaps agricultural production. For Egyptians, it represents potential interference with their own water systems and strategies because of the risks that water flows in the Nile—considered their lifeblood—will be reduced or subject to the political control of governments and institutions outside their borders.
See full Article: http://www.imf.org/external/pubs/ft/fandd/2013/09/Gleick.htm
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