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All the authors emphasize the value of the historical perspective in understanding the inner workings of communal management of natural resources and present both successful and failed examples of such management, avoiding simplistic representations of "the communal" to focus on context-dependent approaches to the study of natural resource management. Such a perspective is important because it connects risk management and sustainability with the institutional design principles identified by the collective action theorists and to the practice of governance of natural resource management (cf. This volume provides a valuable and welcome contribution to international efforts to rethink local and global forms of collective action and the governance of natural resources, and will be of interest to a range of scholars and graduate students but also political and business officials. [Extracted from the article]