ABSTRACT

This chapter shows the strong links between water, agriculture and the economy in Latin America and Caribbean (LAC). Both green and blue water are vital for LAC's economies and for its food security. Awareness of LAC's virtual water trade volumes and water footprints alone will not solve the local or global water problems. However, the awareness gained increases the likelihood that optimized water allocation decisions, which consider the hydrological and economical aspects of water resources, are made.