ABSTRACT
In the first place, the system of trade suggested would no t in fact trade sovereign water rights. It would trade short-term permits to use water. Ownership, and hence symbolic control, would no t be traded. Second, the trade need no t be for money itself. Rather, it makes sense that short-term water permits should be granted in exchange for infrastructure developm e n t that benefits all parties or simply benefits the party grant ing the water permits. Such an exchange can be thought of as water-for-water, at least in the long run . Money is only the way one keeps score.
