Reference no: EM133768972

Assignment:

Examine "how Vanuatu, a poor society, became prosperous and overcame obstacles.

Think about what these countries need to invest in, how they can attract investment (and what sort), and what type of government they might need to accomplish growth.

Inequality is a complex issue that the market alone cannot resolve. It requires the active involvement of individual governments, the tax system, companies, and individuals. When considering leadership, democratization opens the way for a redistribution of wealth (from the elite) through mass education and reduces inequality by giving the populace a voice. Many developing countries, however, are still going through a phase of oligarchy where elites control much of the wealth.