Analysis of the income distribution and inequality in Latvia

Table of content
Introduction
Chapter 1. Income inequality and economic complexity
1.1. The notion of income inequality in modern economic studies
1.2. Factors that influence income inequality
Chapter 2. Analysis of the income distribution and inequality in Latvia
2.1. Income distribution and inequality in Latvia
2.2. Analysis
 
Introduction
When we think about income inequality, we primarily consider it within a single country. This is normal situation for the world in which the nation state plays important role in determining the level of income of an individual, his access to certain benefits, ranging from pensions to free medical care, and in which the state determines the political life. But in the era of globalization, another direction of studying inequality between individuals is going beyond the limits of the nation state and considering inequality between all people. Wherein much of what, according to our beliefs, is generally known about inequality, appears in a different li...