A successful rentier
model thus becomes self-fulfilling, providing increasing opportunities as long as investors continue to find them.
Fluctuating strategic fortunes explain why today's 'Brunei cannot compete with Singapore or even the ports on the west coast of the Malay Peninsula', presenting its colonially-created 'rentier
state' as 'an additional economic dimension ...
The government news service Agencia Venezolana de Noticias (AVN) quoted Isturiz as also saying that President Perez 'pushed for price liberalization and the privatization of state assets, in contrast with the attitude of our government, which is committed to maintaining social improvements.' He quickly added that it was the rentier
model, not socialism, that caused the current crisis.
Al Beblawi, Hazem, "The Rentier
State in the Arab World", The Arab State, Giacomo Luciani (der.), London, Routledge Publishing, 1990.
Because each of the three partner nations is a rentier
state, the decision over hosting American military forces is both political (i.e., domestic politics) and strategic, where ruling elites are confronted with often orthogonal political needs: to maintain the legitimacy of their rule and satisfy key domestic constituencies on the one hand and to balance external threats to their nation-states (in the case of the three case study partners, most often Iran and Iraq) on the other.
During the first half of the 20th century, Nauru was a "rentier
state," a term to describe those states whose national revenues are mostly derived from renting indigenous resources to external clients.
If one assumes that the money capital lent by a rentier
to industrial or commercial firms is subsequently invested by the latter to form real capital assets, then a double-counting problem becomes altogether obvious.
Losers are, for HM the King, "those who consider their seat as a source for rentier
income, or as an inheritance that is there to stay forever.
ySTANBUL (CyHAN)- The literature offers the Arab state as the exemplifier of the typical rentier
The session included two working papers on the Rentier
State, labour market, development discourse and the relationship between economic activity and the demand for labour in the Sultanate.
Also discussed in part two is: The Rentier
State Theory: A Critical Realist Assessment This provides the reader with a very critical approach in looking at the resilience of Arab monarchies in the Middle East.
In Jordan, we need to transform the current rentier
state status that cannot be maintained anymore into a fully-functioning productive state.