rentier

Definition

A state that derives all or a substantial portion of its national revenue from the rent paid by foreign individuals, concerns, or governments for the use of its natural resources.

Etymology

The term is borrowed directly from the French word 'rentier,' which refers to a person who lives off the income produced by their investments or property.

In the news

The article uses the term to describe Iran's historical economic reliance on oil, noting that this structure has traditionally reinforced authoritarianism by giving the state control over resources.

The Hidden Path to Regime Change in Iran

Foreign Affairs

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