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Bookmark or Share- 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.
- How much is the sharing economy worth to GDP?The sharing economy refers to economic activity centred around online platforms, based on sharing underused assets or services, for free or for a fee, on a peer-to-peer basis. Cars and bedrooms are the most cited examples, but the sharing economy includes everything from household appliances to land use.
- This is how to optimize supply chains for the sharing economyIn our developed economies, most consumers have now played some part in the so-called ‘sharing economy.’ Perhaps they have sold vintage books on eBay or given away a used armchair on Freecycle. The rise of these collaborative exchanges and the digital platforms that enable them has been meteoritic in recent years.
- 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 ...
- Does the sharing economy truly know how to share?The sharing economy was born as a new game plan after the 2008 global financial crisis, to stimulate the economy by creating new models of business. At its heart lies a narrative that stresses the need for sharing and collaboration instead of a traditional capitalist market-driven model. By reducing barriers of ownership and costs, the sharing ...
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