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Prof. Arun Sundararajan on the sharing economy

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Excerpt from Bloomberg -- "In the typically materialistic, bling-obsessed U.S., for example, economists like New York University's Arun Sundararajan see the makings of a new wave of productivity gains as consumers lend and borrow cars, bicycles, homes, electronics, designer clothes, baby toys, golf clubs, you name it. Now, there are signs the phenomenon is reaching Asia."

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