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* By viewing the basin as a joint body of … * By viewing the basin as a joint body of water shared equally between countries, much conflict is avoided.
By signing an agreement in 1957, Peru and Bolivia bound themselves into considering [[Lake Titicaca]] as a shared body of water, owned by neither country, but both. As a result, there are few, if any, "upstream versus downstream" issues (even though the Desaguadero River does flow into Bolivia from the lake). The countries have worked very well in a cooperative way to manage the lake, both doing their parts. This can largely be attributed to the lake being "owned" by both nations.to the lake being "owned" by both nations. +
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