Growth of the sharing economy globally is outpacing legal and political institutions, says report

A new system of creating value is starting to have a major impact on our economy, the way we produce, the way we consume and the relationship between the two. This system is often referred to as the sharing economy, involving a spectrum of activity based on maximising the potential of our underused human and physical resources, from our skills to our things. Examples are car-sharing and ride-sharing initiatives such as Uber, parking schemes such as Park at my House, and air bnb...