Review #5

Sharing economy services are no stranger to controversies. Supporters claim ride-sharing services to be easy to use, good quality and safe, while opponents argue that government-backed compliance measures are in place for a reason and these illegal services undermine hardworking law-abiding taxi drivers.

The sharing economy is a relatively new phenomenon. It combines various ideas and technologies in order to provide new value to market participants who were previously excluded from the market or had limited access to it. At the same time, it increases competition resulting in lower prices, increases entrepreneurship and household incomes.

We proudly present you a collection of articles and analyses devoted to (first and foremost) the sharing economy and secondly, to the digital challenges our region faces. Because as the fictional but nonetheless real Ayn Rand once said, “If you don’t know, the thing to do is not to get scared, but to learn”. And, after all, sharing is caring, right?