This paper will attempt to analyze whether the increasing avenues of the sharing economy (examples include Uber, AirBnB and Careem, to name a few) that are increasingly prevalent in both developed and developing countries, are leading to greater equity or vice versa between the two types of countries. Special focus will be on European countries and the US for examples of the sharing economy in developed countries, while countries such as Pakistan, India, China and others in Africa will be considered as examples for developing nations. The general benefits the collaborative economy poses to provide might be similar in both developed and developing countries, but how these benefits and changes interact with society might differ greatly, allowing for differences to emerge. The global south might just be benefiting more considering the collaborative economy stands to bridge gaps present, where in developed countries it is only adding to the vast array of services already present. Literature on the development of these modes of production, collaboration, and service-sharing will be analyzed, alongside a comparison between numbers of the developed and developing; how many people are being hired, what business they stand to bring in both developed and developing countries and whether there are reasons for the global south (developing countries) to benefit more than developed countries due to the collaborative economy filling in the gaps of services or goods needed in the production cycle.