It is noteworthy that recent analyses confirm that these challenges are not limited to developing countries: OECD countries are facing similar (although different) issues, and efficient responses require, inter alia, that water-related services are priced in ways which contribute to a range of environmental, social, economic and financial objectives. Some regions, such as parts of South and East Asia, Australia, Africa and the Middle East, do suffer from actual physical water shortages. Dry” areas may not be water scarce if use remains within the limits of local availability. Conversely, “wet” areas may be stressed if use approaches the limits of availability.