Income Inequality in The Republic of Moldova: a Challenge for Sustainable Social Development

Abstract

Income inequality is a major challenge for the sustainable social development of the Moldova, with significant implications for social cohesion, economic stability, and the standard of living of the population. This article analyzes the level and evolution of income inequality using relevant statistical indicators such as the Gini coefficient and income distribution by quintiles. It examines the main sources of income, regional and sectoral disparities, and their effects on economic growth and social equity. The findings highlight the urgent need for measures to reduce income gaps, including increasing the minimum wage, strengthening the social protection system, and implementing progressive tax policies. The conclusions emphasize the importance of effective interventions to promote fair income distribution and ensure sustainable development in Moldova. UDC: 316.42:330.564.22(478); JEL: D63, I32, R11