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Rentier state
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== Key characteristics == [[Hazem Al Beblawi]] suggested four characteristics of a rentier state: # In a rentier economy rent situations predominate. # The economy relies on a substantial external rent β and therefore does not require a strong domestic productive sector. # Only a small proportion of the working population is actually involved in the generation of the rent, whereas the majority is only involved in the distribution or utilization of it. # Perhaps most importantly, the state's government is the principal recipient of the external rent.<ref>Beblawi 1987, p. 384-385</ref>
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