Implementing the Sharing Economy in The Context of Achieving Sustainable Economic Development. The Case of Azerbaijan

Abstract

This article will scrutinize tonight the rise of the sharing economy in Azerbaijan as an innovative solution to accelerating sustainable economic development. It will assess whether sharing-oriented paradigms in strategic sectors like mobility have enabled a more efficient use of resources, cost effectiveness, and sustainable environmental practices. Study contributes to the global literature on collaborative consumption and platform economies, and fills the gap in local research that has not been conducted in terms of readiness and reactions. We used a mixed-methods approach that draws on both qualitative content analysis and quantitative data analysis. Sectoral case studies and stakeholder interviews were combined to pinpoint economic and environmental impacts, in addition to the analysis of digital infrastructure and policy readiness. Results show that sharing economy platforms in have a good potential to efficiency of resources. However, lack of digital infrastructure, regulatory uncertainty, and little popular awareness pose significant obstacles to full-scale adoption. The research is intended to benefit policy makers, scholars and technology investors by providing insights on how to develop inclusive. This paper provides new insights about an emerging economic structure in a transforming market, both for theory-building and concrete policy-making.