The growing scarcity of fresh and clean water is among the most important issues facing civilization in the 21st century. Despite the growing attention to a chronic, pernicious crisis in world's water resources our ability to correctly assess and predict global water availability, use and balance is still quite limited. An attempt is documented here in modeling global world water resources using system dynamics approach. Water resources sector (quantity and quality) is integrated with five sectors that drive industrial growth: population; agriculture; economy; nonrenewable resources; and persistent pollution. WorldWater model is developed on the basis of the last version of World3 model. Simulations of world water dynamics with WorldWater indicate that there is a strong relationship between the world water resources and future industrial growth of the world. It is also shown that the water pollution is the most important future water issue on the global level.