Integrating developed and developing world knowledge into global discussions and strategies for sustainability. 2. Economics and governance

Knowledge transfer from the developing to the developed world is described in the domain of economics and governance for sustainable development. Three system areas are explored: the structure of commons governance institutions, the process of community-based participatory action research, and the role of microfinance and microenterprise for the development, adoption, and diffusion of sustainable technologies. Case studies from both the developed and developing world demonstrate the effectiveness of social networks and community cooperative strategies in a wide range of sectors. Developing world experiences are shown to be particularly rich in the application of local knowledge and social capital toward sustainable development.