Rentier state

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Notion

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Science and technology

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What Wikipedia says

In current political-science and international-relations theory, a rentier state ( RON-tee-ay or ) is a state which derives all or a substantial portion of its national revenues from the economic rent paid by foreign individuals, concerns or governments.

Excerpt from the Wikipedia article “Rentier state”, under the CC BY-SA 4.0 license. Read the article on Wikipedia