Key documents: Executive Summary with key findings, Detailled Summary of the discussion, Background note Executive summary, by the Secretariat In light of the written submissions, the background note and the oral discussion, the following points emerge: Inefficiency (1) Inefficiencies in water allocation are common. In situations of plentiful supply, water typically has relatively low costs. However, in situations of scarcity, water can have high costs, particularly in opportunity costs of using limited water supply for one use when another use might assign a higher value to the water. Agricultural accounts for the majority of water use in OECD members while household use is a relatively modest minority. Not all OECD members face water shortages. For those that do face shortages,
The OECD holds a roundtable on competition and regulation in the water sector
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