WATER MANAGEMENT - AN IMPORTANT CHALLENGE FOR MODERN ECONOMICS

Water resources are one of the most important issues of our time. Representatives of the world\u27s countries and experts of the region invest all their time and skills in devising the proper way of managing the integration of the concept of sustainable development. Also, the goal of every state in the management of these resources is to find the right ratio of the public and the private sector in the management of water supply, most of the reasons are to avoid any kind of conflict because of water resources. The same conflicts are very divisive in terms of physical confrontations, protests and the spread of various diseases in the area with contaminated water. For these reasons, it is crucial to recognize and correct implementation of the process of water resources management, to adjust it with the concept of sustainable development in the future