Comprehensive coverage of understanding, prevention, and risk management of extreme drought events, with examples of approaches followed in water-stressed regions.This book describes the progress made in our understanding of severe drought and explains how we can deal with—and even avoid—complete devastation brought on by such punishing events. It brings forward advanced knowledge on drought hazard analysis and management, particularly from EU-funded research projects, to assist in the development of the corresponding drought management plans. In addition, this book addresses issues of social vulnerability to drought and science-policy interfaces, which are important elements of drought management.Divided into three sections, this book covers the diagnosis of physical processes, historic drought and the trends in historic drought, and perspectives of future drought. It takes an academic approach to risk evaluation, including characterization of drought episodes, development of indicators of risk in hydrological and agricultural systems, and analysis of the role of socio-economic instruments for risk mitigation. It also discusses the interactions that have resulted in the complex institutional framework, and highlights the importance of stakeholder involvement and awareness building for successful drought management. In addition, Drought: Science and Policy features a collection of case studies that include the description of effective measures taken in the past.