Volume 38 Issue 3 Summer 1998 Summer 1998 Relational Characteristics of Transboundary Water Treaties: Lesotho's Water Transfer Treaty with the Republic of South Africa Fred O. Boadu Recommended Citation Fred O. Boadu, Relational Characteristics of Transboundary Water Treaties: Lesotho's Water Transfer Treaty with the Republic of South Africa, 38 Nat. Resources J. 381 (1998). Available at: https://digitalrepository.unm.edu/nrj/vol38/iss3/1 This Article is brought to you for free and open access by the Law Journals at UNM Digital Repository. It has been accepted for inclusion in Natural Resources Journal by an authorized editor of UNM Digital Repository. For more information, please contact
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[email protected]. FRED 0. BOADU" Relational Characteristics of Transboundary Water Treaties: Lesotho's Water Transfer Treaty with the Republic of South Africa ABSTRACT Concepts drawnfrom the transaction costs literatureare used to analyze the governance structure of the transboundary water treaty between the Kingdom of Lesotho and the Republic of South Africa. The analysis shows that the two countries intended a 'relational'governance structurethat supports the development of ongoing sustainable relationships at minimum cost. The parties gained economies of scale by using flexible language to resolve controversial issues, establishingvarious neutral institutions to police the treaty, and integrating benefits under the treaty with existing economic arrangementsbetween them. I. INTRODUCTION Scholarly discussion