"Beyond economic reasons, several social and environmental motivators are driving communities to behave collaboratively in sharing access to municipal spaces and other civic assets. City governments are also sharing municipal equipment and collaborating to provide municipal services, examples of which we have covered in this paper. The benefits of sharing go beyond enhancing the use of assets. Sharing encourages community interaction and can lead to greater social inclusion. The rise in the number of digital sharing platforms encourages micro-entrepreneurship, provides employment opportunities and improves digital literacy. However, the fallout of sharing, if not properly regulated and monitored, can be safety incidents, social inequality and concerns from traditional markets. Regulatory and tax structures need to be revisited to address these concerns as sharing platforms begin to scale across different sectors of the economy. At the same time, developing a culture of sharing within cities to improve services with accountability and transparency would go a long way in shaping the “sharing cities” of the future."
January 1, 1970