A comparison of how financial market globalization affect the income inequality in developed and emerging markets

Topic 

A comparison of how financial market globalization affect the income inequality in developed and emerging markets

Instructions 

Write a paper that compares between financial market globalization affect the income inequality in developed and emerging markets

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Research Problem and Justification

The underlying objective of financial globalization was to enhance economic growth and boost integrated financial development. Theoretical predictions indicated that financial globalization would lead to a reduction in the gap between the rich and poor, and achieve financial stability[1]. However, the gap between the rich and poor, and the developed and emerging and developing economies has continued to grow[2]. To address this situation, it is essential to first understand the factors that explain this situation. There is limited primary research on how financial globalization has caused inequality in developed and emerging economies such as China. The proposed research seeks to examine the ways in which globalization has caused this growing inequality. The study will not only augment the existing research literature and fill the research gap, but it will also introduce new insights on the financial globalization and financial inequality, including possible strategies that may be adopted to resolve the issue.

Word Count: 750