Why We Need to Step Up to the Regulatory Challenge of the Sharing Economy and New Financial Instruments
8 April 2019
In the last 20 years, technological breakthroughs created new communication platforms through which people can interact, create content, and share information, goods, and services within local and global communities. This has changed people’s habits and reshaped their preferences in profound ways, transforming all aspects of life – work, mobility, holidays, money, and even relationships. There is no escape – millennials or not, we all now live in a community-driven society. Centre Research Associate Gui Silva argues that society needs legislation which encourages the creation of financial instruments designed for the sharing economy that can promote financial inclusion and democratize the wealth being created in this community-driven economy.