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Economic Impacts

Economic impacts relate to different economic sectors such as agriculture, industry, energy, navigation, tourism and include:

  1. Losses in production (crop & livestock production, manufactured goods, energy production etc.) and respective losses in the income generated by the various economic activities (e.g. tourism);
  2. Increase in prices of food, energy and other products (as a result of the reduction in supply). Even the need to import goods may arise or to change the transportation method due to low water levels in rivers;
  3. Increased water prices due to compensating measures;
  4. Cost of drought and flood mitigation measures (including water transfers, imports and other short term development options).

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