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Topic: Rentier


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In the News (Fri 17 Feb 12)

  
  SEMP - What is a Rentier State?
The short answer, according to Yates (1), is that a rentier state and rentier economy lead to a rentier mentality, which dooms a country’s economy and long-term prospects.
Beblawi and Luciani preferred the term “rentier economy” to rentier state, suggesting that the rentier state is really a subset of a rentier economy, and that the nature of the state is best examined primarily through its size relative to that economy and the sources and structures of its income.
The economic behavior of a rentier is distinguished from conventional economic behavior ‘in that it embodies a break in the work-reward causation.’” (Yates, p.
www.semp.us /biots/biot_227.html   (2250 words)

  
 Rentier state - Wikipedia, the free encyclopedia
A rentier state is a term in political science and international relations theory used to classify states who derive all or a substantial portion of their national revenues from the rent of indigenous resources to external clients.
The term is most frequently applied to states rich in highly valued natural resources such as petroleum, however it could be applied to nations who trade on their strategic resources (such as permitting the development of an important military base in their territory) as well.
While many states export resources or license their development by foreign parties, rentier states are characterized by the relative absence of revenue from domestic taxation, as their naturally-occurring wealth precludes the need to extract income from their citizenry.
en.wikipedia.org /wiki/Rentier_state   (407 words)

  
 Ahmet Kuru* The Rentier State Model and Central Asian Studies: The Turkmen Case
Second, Luciani argues that a rentier state 'does not need to refer a national myth and, as a matter of fact, will usually avoiding so.' 'A national myth,' for Luciani, 'may be interpreted as a basis to claim a say'(17) for the sections of the population that are excluded from the allocation process.
The rentier state policies of Turkmen state (e.g., free electricity, water, and natural gas supplies) based on natural gas income, instead of the tax of the citizens, consolidate this uneven relation between the state and the society.
Similarly, the rentier state structure shapes Turkmen outlook toward the regional integration in Central Asia and encouraged the declaration of the neutrality status.
www.alternativesjournal.net /volume1/number1/akuru.htm   (4918 words)

  
 Ciao!: Bolivia as "rentier state"?
Continuing from the previous post, I thought I'd pass along a thought by another blogger: the idea of Bolivia as a rentier state.
Historically, rentier states have done poorly in terms of long-term economic development (not to mention democratic consolidation).
For an example of a rentier state, see Douglas Yates, The Rentier State in Africa: Oil Rent Dependency & Neocolonialism in the Republic of Gabon.
www.centellas.org /miguel/archives/001568.html   (176 words)

  
 Strategic Insights -- Development Strategies for Saudi Arabia: Escaping the Rentier State Syndrome
In fact this "rentier state" effect is beginning to manifest itself in what are commonly thought of as some of wealthiest regions of the world.
A loose definition of a rentier state is one where significant amounts of oil/mineral royalties (rents) accrue directly to the state and where only a few are engaged in the generation of this rent (wealth), the majority being only involved in the distribution or utilization of it.
An assessment of the rentier state dynamics as they pertain to Saudi Arabia are given in Robert Looney, "Saudi Arabia: Measures of Transition from a Rentier State." In Iran, Iraq and the Arab Gulf States, Joseph A. Kechichian, ed.
www.ccc.nps.navy.mil /si/2004/mar/looneyMar04.asp   (5942 words)

  
 Islam, Democracy, and the Rentier State (Print version)   (Site not responding. Last check: 2007-10-13)
The rentier state is influenced to a great extent by international investors and its economic status with foreign nations.
In truth, U.S. economic interests have often directed the interests of the elitist rentier state to a greater extent than have the suppressed interests of the Middle Eastern public.
rooted as they are in a rentier state system that calls so many foreign interests to the Middle East, and internally supported as they are by at least a small measure of cultural and historical legitimacy.
www.globalengage.org /issues/2003/05/democracy-p.htm   (2072 words)

  
 Crisis States Research Centre: Briefing Paper no.2   (Site not responding. Last check: 2007-10-13)
The basic premise of the rentier state model is that rentier state leaders, by relying on ‘unearned” income (in the form of mineral rents and/or aid), do not develop a set of reciprocal obligations with citizens via the nexus of domestic taxation.
The main premise of the rentier state model of governance is that when states gain a large proportion of their revenues from external sources, such as resource rents, the reduced necessity of state decision-makers to levy domestic taxes causes leaders to be less accountable to individuals and groups within civil society.
The core argument is that contemporary rentier states, by relying on ‘unearned” income, do not develop a set of reciprocal obligations with citizens via the nexus of domestic taxation.
www.crisisstates.com /Policy/bp2.htm   (998 words)

  
 Rentier state - 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.
www.dkosopedia.com /wiki/Rentier_state   (134 words)

  
 Trends In The Rentier Income Share In OECD Countries, 1960-2000
We define rentier share to mean the income accruing to financial institutions and the holders of financial assets.
Overall we find that the rentier share of income rose in most countries between the 1960's and 1970's on the one hand, and the 1980's and 1990's, on the other.
At the same time, movements in rentier income over this period vary from country to country, and are quite variable over time.
ideas.repec.org /p/uma/periwp/wp58a.html   (380 words)

  
 [No title]
Rents are usually derived from natural resources, but in the case of post-conflict societies and many least developed countries, rents also originate from foreign aid.
Rentier states, the contributors to this study argue, have few incentives to respond to their societies needs.
This book identifies new ways in which rentier economies and their international partners could work together to ease the critical transition to democracy.
www.fes.de /fes4/publikationen/tare_workshop.htm   (1001 words)

  
 Rentier Incomes and Financial Crises: An Empirical Examination of Trends and Cycles in Some OECD Countries
We present new estimates of the rentier share of national income for OECD countries for the years between 1960 and 2000.
For most countries, the rentier share of income significantly increased during the last several decades, starting in the early 1980's and coinciding with the shift to neo-liberal monetary and financial policies initiated by Margaret Thatcher and Paul Volcker.
These findings are consistent with the view that financial liberalization has been associated with the increased power of an international rentier class, whose interests are aligned with those of non-financial corporations in the richer countries, but whose interests conflict with rentiers in developing countries that experience financial crises.
ideas.repec.org /p/uma/periwp/wp57.html   (516 words)

  
 Ren - Wikipedia (via CobWeb/3.1 planetlab2.tamu.edu)   (Site not responding. Last check: 2007-10-13)
Das Ren oder Rentier (Rangifer tarandus) lebt in den Tundren von Nord-Eurasien, Nord-Nordamerika, Grönland und anderen arktischen Inseln.
In den Regionen, in denen Großwild, Faserpflanzen und Baustoffe spärlich sind, haben Menschen beinahe jeden Körperteil des Rentiers genutzt: ihre Haut für Leder, ihr Geweih und ihre Knochen zur Werkzeugherstellung.
Beispielsweise ist das Kanadische Karibu dunkelbraun, das Europäische Rentier eher graubraun gefärbt.
de.wikipedia.org.cob-web.org:8888 /wiki/Ren   (1392 words)

  
 Kuwait: Dependency and Class in a Rentier State - A new book from the University Press of Florida
In this new paperback edition Ismael revises and updates her 1982 book (originally published with the subtitle Social Change in Historical Perspective), which was the first work to examine the dynamics of class relations in pre- and post-oil Kuwait.
Describing transformations in the world oil economy in the 1980s, Ismael adds a new section to chronicle changes in the political economy of the Gulf that threatened the superstructure of the region (constituted of absolute monarchies in rentier states).
She sees Iraq's invasion of Kuwait as part of the larger political reality in the Gulf: change in the region will be forestalled by Western industrial powers at any price.
www.upf.com /archive/ismael.html   (394 words)

  
 rentier and Stock Trading at TradeStars + Stock Trading   (Site not responding. Last check: 2007-10-13)
It is possible to trade any of the instruments that comprise a market, or even an index of the stocks will continue climbing or falling in value for rentier the seconds rentier Securities Dealers, Inc. has issued several press releases on rentier.
The NASDs release of July 29, 1999, describes a rentier NASD rule proposal that was approved by the SEC on July 10, 2000.
A day trade is the purchase and sale (or short sale and purchase) of the same security on the same day in a single rentier account.
www.tradestars.com /content/rentier.asp   (129 words)

  
 Amazon.com: Rentier: Books   (Site not responding. Last check: 2007-10-13)
The Rentier State in Africa: Oil Rent Dependency & Neocolonialism in the Republic of Gabon by Douglas A. Yates (Paperback - Jul 1996)
Macroeconomic Policy and the Future of Capitalism: The Revenge of the Rentiers and the Threat to Prosperity by John Smithin (Paperback - Jun 1996)
A rentier state's response to oil crisis: economic reform policies in Libya.: An article from: Arab Studies Quarterly (ASQ) by Meliha B. Altunisik (Digital - Sep 22, 1996) - HTML
www.amazon.com /s?ie=UTF8&keywords=Rentier&tag=httpexplaguid-20&index=books&link_code=qs&page=1   (385 words)

  
 rentier - OneLook Dictionary Search
Tip: Click on the first link on a line below to go directly to a page where "rentier" is defined.
Rentier : Online Plain Text English Dictionary [home, info]
Rentier : AMEX Dictionary of Financial Risk Management [home, info]
www.onelook.com /?w=rentier   (176 words)

  
 Rentier   (Site not responding. Last check: 2007-10-13)
In the depths of the Great Depression, John Maynard Keynes prophesied the ‘euthanasia of the rentier.’ By this he meant that in a highly developed economy capital would be plentiful, interest rates would stabilize at very low levels, and the income of the rentier would fall accordingly.
Clearly Keynes welcomed the prospect as a means of "getting rid of many of the objectionable features of capitalism." "Interest," he wrote, ‘rewards no genuine sacrifice." When capital is scarce, interest is needed to convert savings into investment.
The rentier class, far from passing quietly into oblivion, has flourished, and insists on an even larger dividend from the economy.
www.sustecweb.co.uk /past/sustec86/rentier.htm   (480 words)

  
 PKO/CS - Rentier Program (via CobWeb/3.1 planetlab2.tamu.edu)   (Site not responding. Last check: 2007-10-13)
The RENTIER Program is a simple and convenient way to receive regular interest income.
The principal amount can be used to finance larger purchases or bequeath to family in the future.
In order to become a "Rentier", you have to invest at least PLN 20,000 in the Bonds Fund or in the Treasury Fund.
www.pkotfi.pl.cob-web.org:8888 /SAM/index.php?id=rentier_e   (80 words)

  
 GO RENTIER - HYIP Network-Profit every day (via CobWeb/3.1 planetlab2.tamu.edu)   (Site not responding. Last check: 2007-10-13)
No, profits are gathered on your GO RENTIER account and you can withdraw them anytime.
Interest on your GO RENTIER HYIP account is acquired Daily,Monthly and Yearly or specific your program -termin.
These funds are managed by a team of GO RENTIER HYIP investment experts.
www.gorentier.net.cob-web.org:8888 /?a=faq   (646 words)

  
 The Economic Taproot of US Imperialism: The Bush Rentier Shift
Conversely, should the state not intervene, rentiers would generate socially negative wealth, or 'illth', that fostered imperialism and protectionism.
Hobson's arguments do assist us in understanding the 'economic taproot' of US imperialism, with the conclusion that the US has 'illth at ease' with no means for correction other than Bush's expulsion from office.
'rentier shift'; Bush administration; imperialism; social liberalism; taxation; consumption; J.A. Hobson; economic history; US foreign investment; 'second-image'.
www.palgrave-journals.com /ip/journal/v41/n3/abs/8800081a.html   (213 words)

  
 Rentier: SpiderBall!   (Site not responding. Last check: 2007-10-13)
Islam, Democracy, and the Rentier State By Jodi Louws May 30, 2003 The opinions expressed in the following article are those of the author and do not necessarily reflect the views of the Institute...
Rangifer tarandus caribou reindeer Rentier Ren sob pol??endier rein Poro...
A rentier is a person who lives on the income from property and is not personally involved in its...
rentier.spiderball.de /Rentier   (660 words)

  
 Multinational Corporations, Rentier Capitalism, and the War System in Colombia Latin American Politics and Society - ...
Multinational Corporations, Rentier Capitalism, and the War System in Colombia
This article focuses on the role of multinational corporations in the Colombian conflict, particularly how they contributed to the escalation of land conflicts and to the violent transformation of the rural economy into one based on rentier capital.
It also explores how these companies helped in fomenting and financing the war system, an element that could partly explain the protracted persistence of the Colombian conflict.
www.findarticles.com /p/articles/mi_qa4000/is_200510/ai_n15640699   (833 words)

  
 Amazon.com: RENTIER   (Site not responding. Last check: 2007-10-13)
A rentier state's response to oil crisis: economic reform policies in Libya.: An article from: Arab Studies Quarterly (ASQ) by Meliha B. Altunisik (Sep 22, 1996)
Stock markets, rentier interest, and the current Mexican crisis.: An article from: Journal of Economic Issues by Ilene Grabel (Jun 1, 1996)
The rentier state in Gabon (Working papers in African studies) by Douglas Andrew Yates (Unknown Binding - 1995)
www.amazon.com /s?ie=UTF8&tag2=francogene-20&keywords=RENTIER&search-type=ss&index=blended&page=1   (375 words)

  
 Roberto Verzola, "Lords of Cyberspace: The Return of the Rentier" | The Forum on Privatization and the Public ...
These rentiers of the information sector are the landlords of cyberspace.
As they gain political dominance in a country, a new ruling class of rentiers will emerge, ushering a neo-feudal era ruled by cyberlords.
This is how we can stop the return of the new rentiers.
forumonpublicdomain.ca /node/45   (3576 words)

  
 Rentier Interim Executive   (Site not responding. Last check: 2007-10-13)
The right balance between action and acceptance is the key to changing successfully.
Browse this Web site for more information about the services Alexander E. Rentier can offer.
If you have any questions or would like to contact Alexander E. Rentier, please e-mail us at enquiries@alexrentier.nl
www.alexrentier.nl   (223 words)

  
 John Robb's Weblog: Classic rentier rule set push
John Robb's Weblog: Classic rentier rule set push
Listed below are links to weblogs that reference Classic rentier rule set push:
Is the China model Barnett's plan B? The Byzantine Trap 2: The DoD's DTS
globalguerrillas.typepad.com /johnrobb/2006/09/classic_rentier.html   (175 words)

  
 Insecurityforum » Rentier Economies
The presentation on institutions, human capital and diversification of rentier economies, given by Thorvaldur Gylfason from the University of Iceland was followed by comments from Erich Wede, former professor of sociology and Michael Dauderstädt head of the international policy analysis unit at the Friedrich Ebert Foundation.
The Rentier State and the „Curse of Resources“
Dauderstädt highlighted the relevance and context of the discussion of authoritarian rentier economies.
insecurityforum.org /category/rentier-economies   (993 words)

  
 [No title]
@INIATLIZE--AGGREGATE UNCERTAINTY, WITH POLITICAL INTEVENTION@ @RENTIER EQUILIBRIUM@ @Test if renegotiation proof once state known so that there would be no renegotiation even if there were no political intervention.
Test is aborted in rentier equilibrium@ new; cls; output file=c:\gauss\mg.doc reset; x=zeros(100,25); " Tests of Equilibrium Conditions"; " 1.0 indicates the condition is satisfied," " 0.0 indicates a failure."; " "; "Aggregate Uncertainty Model, Political Intervention";" "; " Description of Equilibrium"; " Rentiers lend wbar at thetaah."; " At t=1, Good poor have 1
=ig1hmor; vgh; " In state L, good poor vote for a moratorium ";; @NO RENEGOTIATION IN RENTIER MODEL, SO INTEREST STAYS AT thetaah@ vgl = kp*(1+thetagl-thetaah).
www.princeton.edu /~rosentha/rentier2.txt   (143 words)

  
 Pioneer Pekao Investments
Wyspecjalizowane Programy Inwestycyjne Xelion i Xelion Rentier są programami oszczędnościowymi przygotowanymi przez Pioneer Pekao Towarzystwo Funduszy Inwestycyjnych oferowanymi wyłącznie za pośrednictwem Xelion.
Celem obu programów jest aktywne pomnażanie kapitału poprzez inwestycje w wybrane przez Klienta fundusze inwestycyjne Pioneer.
Prospekty informacyjne funduszy inwestycyjnych Pioneer, których jednostki uczestnictwa można nabywać w ramach programów inwestycyjnych PI Xelion i PI Xelion Rentier, są dostępne na stronach internetowych Pioneer Pekao TFI SA (www.pioneer.com.pl) oraz u dystrybutora.
www.pioneer.com.pl /pioneer/arts.progi_x   (345 words)

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