DOI: 10.5176/2251-2853_2.1.62
Authors: Thomas Jandl
Abstract:
This paper looks at social and economic inequality from a political science perspective, albeit in keeping with the Schumpeterian logic of “creative destruction.” Inter-provincial competition for investment creates pluralist contestation among societal actors. A new Pareto-optimal interest structure arises, in which inequality – both political and economic – is reduced by competition among elite and non-elite groups alike. The paper shows that globalization, often seen as a cause for inequality, can under bounded conditions have the opposite effect.
Keywords: Vietnam; economic development; decentralization; globalization
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