Hi, I need help with essay on Contemporary issues in development finance. Paper must be at least 3500 words. Please, no plagiarized work!
Income inequality is described as the uneven distribution of individual or household income/earnings across the several participants in the economy. It is the sign of how the material resources are generally distributed across the society. High degree of earnings/income inequality is considered as undesirable. Measures of the earnings inequality relies on the data of disposable income of the household. The key indicator of earnings distribution is employed in ‘Gini coefficient’. The values of Gini coefficient scope between 0 (in perfect equality case) and 1 (in perfect inequality case). Poorer countries generally have elevated level of income inequality (Oecd, 2011). The main purpose of this paper is to empirically examine the connection between the financial growth and the income inequality by taking the example of Vietnam from the period 2000-2008.