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Bookmark or Share- The dark side of the sharing economy | World Economic ForumOver the past few years, the term ‘sharing economy’ has expanded and morphed to an extraordinary degree. While there are still many platforms that deliver on the original promise of the sharing economy - better utilization of resources, both boosting efficiency and building social capital - there are others who unabashedly add the term ‘sharing’ without it having any bearing on ...
- What exactly is the sharing economy? | World Economic ForumMoreover, the sharing economy is not defined the same way around the world. Nowhere is this more apparent than in China. Ever since declaring the sharing economy a national priority in 2015, and that sharing would comprise 10% of China’s GDP by 2020, the Chinese government has taken an increasingly broad view towards what is included.
- The numbers that make China the world’s largest sharing economyDuring the past year, 600 million people were involved in the sharing economy in China, a surge of 100 million from 2015. Meanwhile, sharing economy platforms created 5.85 million jobs, an increase of 850,000.
- What is the potential of the sharing economy?An intriguing question is how far the financial sector will embrace the sharing economy. Peer-to-peer lending and crowdfunding already represent new ways of matching borrowers with investors. Clearly, issues relating to liability and insurance will have to be addressed in all sharing-economy models, especially financial ones; but these are ...
- 4 big trends for the sharing economy in 2019 - The World Economic ForumThe sharing economy’s explosive growth has astounded even optimistic market pundits. On the one hand, there are now many thousands of sharing economy platforms operating in almost every sector and activity around the world. Back in 2009, there were only a handful: Zipcar, BlaBlaCar and Couchsurfing among them.
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