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After the Resource Curse

The Unexplored Possibility of the Post-Rentier State

Bibliographic Data

ID12758199
AuthorsAndrew B Kirkpatrick (0000-0002-5111-0045, Christopher Newport University, corresponding author), Andrew Kirkpatrick (0009-0007-2380-1117)
Year2017
Pagesekw013-ekw013
Publication date2017-01-12
Open AccessNo
TypeARTICLE
VenueInternational Studies Perspectives (JOURNAL)
Journal identifiersISSN: 1528-3577 • E-ISSN: 1528-3585
PublisherOxford University Press (OUP) (PUBLISHER)
DOI10.1093/isp/ekw013
OpenAlexW2574602303
LanguageEN
Citations received2
References cited25

Existing theories of the rentier state are essentially static, but rentier states are not monolithic and unchanging; most have economies built on the extraction of non-renewable resources, and at some point those resources will be exhausted. What happens then? In this paper, I argue that the case of Nauru may provide some guideposts. The existing concept of the rentier state is actually one component of a larger temporal typology. Rentier states can, and most will, eventually become post-rentier states. Post-rentier states have exhausted the resource wealth that formerly financed the state, and because of the perverse incentives of rentierism are ill equipped to function in the modern world economy. The paper concludes by outlining a dynamic theory of the rentier state. Las teorías existentes sobre el estado rentista son esencialmente estáticas, pero los estados rentistas no son monolíticos ni inmutables; la mayoría tienen economías basadas en la extracción de recursos no renovables y, en cierto punto, dichos recursos se agotarán. ¿Qué pasa entonces? En esta ponencia, sostengo que el caso de Nauru puede proporcionar algunos indicios. El concepto existente de que el estado rentista es en verdad un componente de una tipología temporal mayor. Los estados rentistas pueden convertirse en estados posrentistas con el tiempo, y la mayoría lo hará. Los estados posrentistas han agotado la riqueza de recursos que anteriormente financiaba al estado y, debido a los perversos incentivos del rentismo, están mal preparados para funcionar en la economía mundial moderna. La ponencia concluye con el esbozo de una teoría dinámica del estado rentista

Economic system · Economics · Economy · Humanities · Political science · State (computer science · Welfare economics · Computer Science · Economic Growth and Productivity · Natural Resources and Economic Development · State Capitalism and Financial Governance · Philosophy

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Citation span2020 - 2022 (3)
Highly citedNo

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