Water economics and management: lessons from Australia’s drought

In thsi audio from VoxEU.org Mike Young, executive director of the Environment Institute at the University of Adelaide, talks to Romesh Vaitilingam about how Australia has responded to the big shock to its water supply – through new regulations, through technological solutions, through public education and through the introduction of market mechanisms. Water and its management is a big issue not only in Australia, New Zealand has issues with this as well and may be can learn something from across the Tasman.