Sharing Economy Is Not Irrelevant To The World’s Poorest - Business Mellows
The news? Digital sharing models are not just growing in size but are also expanding into new geographical locations- even into poorer economies! One may ask- Are they likely to prosper there too? The short answer is Yes! I came across a ‘Digital Sharing Economy report’ from Dalberg, an advisory firm focussed on global development issues, that illustrates why these models are likely to flourish in emerging markets. I like the simples answer: “Because the heart of the model, sharing via technology, converts these markets’ liabilities – scarce assets and abundant labor – into opportunities.” It’s no secret that digital sharing is creating new markets and...Read more