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Rentier state

From dKosopedia

A rentier state is a regimes that depend on the collection of economic rents in the form of revenues from non-renewable natural resources, exploitation of tourism, economic aid from other states and corruption. Such regimes are much freer to be authoritarian because they do not rely on taxation levied on their citizens. Saudi Arabia, which depends on oil revenues and the spending of religious pilgrims to Mecca, is a classic and perhaps the ultimate rentier state.

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This page was last modified 16:46, 16 February 2006 by dKosopedia user BartFraden. Content is available under the terms of the GNU Free Documentation License.


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