The article is devoted to the work of Nobel Prize winner for economics Elinor Ostrom on the issue of governance Common Pools Resources. These are assets that are managed by the community of users. Effective use of Common Pools Resources is regarded as one of the major sources of regional development. These resources have been recommended two solutions - nationalization of collective goods, or their privatization. Ostrom examined on case studies of various forms of management of collective farms and concluded that the collective management of assets is inefficient, but in many cases more effective than privatization or nationalization.