The Emergence of the Sharing Economy: Implications for Development

What is it about?

This article examines the promise and the pitfalls of the sharing economy for developing countries in introducing a special collection of articles on this topic. Reduction of transactions costs and asset sharing are promising in theory, but so far have not met with the types of policy environments needed for marginalized groups to take advantage of them. So far, the sharing economy has unfolded mostly like the for profit economy.

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Why is it important?

The collection of articles here is the first general approach to understanding the role that the sharing economy can play in development.

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