Rentierstaat

English translation: rentier state

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Rentierstaat
English translation:rentier state
Entered by: Sheila Hardie

12:44 Apr 12, 2003
German to English translations [PRO]
Bus/Financial - Economics / Political science/economics
German term or phrase: Rentierstaat
Political science term for a country unable to pay its own way financially. "Im Zuge des 20. Jahrhundert entwickelte er sich zu einem Rentierstaat, der finanziell von anderen Staaten abhänigg war."
Amelia Gill
Local time: 15:41
rentier state
Explanation:
HTH


Sheila


Kuwait : Dependency and Class in a Rentier State
Kuwait : Dependency and Class in a Rentier State. ...
hallasianhistory.com/middle_east/206.shtml - 3k - Còpia en memòria - Pàgines similars



Afghanistan as a Rentier State Model: Lessons from the Collapse
Afghanistan as a Rentier State Model: Lessons from the Collapse. ... Based upon this
analysis, Rubin has put forward the thesis of Afghanistan as a Rentier State. ...
www.idsa-india.org/an-aug8-8.html - 37k - Còpia en memòria - Pàgines similars

Kuwait: Dependency and Class in a Rentier State - A new book from ...
Kuwait Dependency and Class in a Rentier State. by Jacqueline S. Ismael. ...
www.upf.com/archive/ismael.html - 12k - Còpia en memòria - Pàgines similars

OIL AND THE RENTIER STATE:
OIL AND THE RENTIER STATE: IRAN’S CAPITAL FORMATION, 1960-1997 ?. Sousan Badiei
and Cyrus Bina. ... Keywords: Oil, Iran, Capital Formation, Rentier State. ...
gsb.luc.edu/depts/economics/meea/volume4/oilrentier/ - 101k - Còpia en memòria - Pàgines similars

Ahmet Kuru* The Rentier State Model and Central Asian Studies: ...
The Rentier State Model and Central Asian Studies: The Turkmen Case.
Ahmet Kuru* After the collapse of the Soviet Union, the theoretical ...
www.alternativesjournal.com/akuru.htm - 47k - Còpia en memòria - Pàgines similars

--------------------------------------------------
Note added at 2003-04-12 12:57:24 (GMT)
--------------------------------------------------


While the Great Game may have confronted Afghanistan with the ...
... building. Both before and after the colonial period, Afghanistan was
a rentier state, dependent on external sources of revenue. The ...
www.wm.edu/SO/monitor/spring2002/keister.htm - 33k - Còpia en memòria - Pàgines similars

Research for Action 32, Abstract
... By tracing the sources of vulnerability to the colonial legacy, this study shows
that Mobutu\'s rentier state was a vulnerable institution, providing little ...
www.wider.unu.edu/publications/rfa32a.htm - 7k - Còpia en memòria - Pàgines similars

--------------------------------------------------
Note added at 2003-04-12 13:00:24 (GMT)
--------------------------------------------------

Or \'usurer state\'



http://www.marxists.org/archive/lenin/works/1916/imp-hsc/ch0...



Further, imperialism is an immense accumulation of money capital in a few countries, amounting, as we have seen, to 100,000-50,000 million francs in securities. Hence the extraordinary growth of a class, or rather, of a stratum of rentiers, i.e., people who live by \"clipping coupons\", who take no part in any enterprise whatever, whose profession is idleness. The export of capital, one of the most essential economic bases of imperialism, still more completely isolates the rentiers from production and sets the seal of parasitism on the whole country that lives by exploiting the labour of several overseas countries and colonies.

For that reason the term \"rentier state\" (Rentnerstaat), or usurer state, is coming into common use in the economic literature that deals with imperialism. The world has become divided into a handful of usurer states and a vast majority of debtor states. \"At the top of the list of foreign investments,\" says SchuIze-Gaevernitz, \"are those placed in politically dependent or allied countries: Great Britain grants loans to Egypt, Japan, China and South America. Her navy plays here the part of bailiff in case of necessity. Great Britain\'s political power protects her from the indignation of her debtors. [2] Sartorius von Waltershausen in his book, The National Economic System of Capital Investments Abroad, cites Holland as the model \"rentier state\" and points out that Great Britain and France are now becoming such.[3] Schilder is of the opinion that five industrial states have become \"definitely pronounced creditor countries\": Great Britain, France, Germany, Belgium and Switzerland. He does not include Holland in this list simply because she is \"industrially little developed\".[4] The United States



CPUSA Online - Average Profit
... More and more prominently there emerges, as one of the tendencies of imperialism,
the creation of the \'bondholding\' (rentier) state, the usurer state, in which ...
www.cpusa.org/article/articleview/491/1/104/ - 43k - Còpia en memòria - Pàgines similars
Selected response from:

Sheila Hardie
Spain
Local time: 00:41
Grading comment
Thanks, everybody! That was a tough one.
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +4rentier state
Sheila Hardie
5bondholder state
Valentín Hernández Lima
5debtor nation
Ron Stelter
4a nation in hock to others
gangels (X)
3solvent state
Jonathan MacKerron
3Slight shift of emphasis
Deborah Shannon


  

Answers


11 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +4
rentier state


Explanation:
HTH


Sheila


Kuwait : Dependency and Class in a Rentier State
Kuwait : Dependency and Class in a Rentier State. ...
hallasianhistory.com/middle_east/206.shtml - 3k - Còpia en memòria - Pàgines similars



Afghanistan as a Rentier State Model: Lessons from the Collapse
Afghanistan as a Rentier State Model: Lessons from the Collapse. ... Based upon this
analysis, Rubin has put forward the thesis of Afghanistan as a Rentier State. ...
www.idsa-india.org/an-aug8-8.html - 37k - Còpia en memòria - Pàgines similars

Kuwait: Dependency and Class in a Rentier State - A new book from ...
Kuwait Dependency and Class in a Rentier State. by Jacqueline S. Ismael. ...
www.upf.com/archive/ismael.html - 12k - Còpia en memòria - Pàgines similars

OIL AND THE RENTIER STATE:
OIL AND THE RENTIER STATE: IRAN’S CAPITAL FORMATION, 1960-1997 ?. Sousan Badiei
and Cyrus Bina. ... Keywords: Oil, Iran, Capital Formation, Rentier State. ...
gsb.luc.edu/depts/economics/meea/volume4/oilrentier/ - 101k - Còpia en memòria - Pàgines similars

Ahmet Kuru* The Rentier State Model and Central Asian Studies: ...
The Rentier State Model and Central Asian Studies: The Turkmen Case.
Ahmet Kuru* After the collapse of the Soviet Union, the theoretical ...
www.alternativesjournal.com/akuru.htm - 47k - Còpia en memòria - Pàgines similars

--------------------------------------------------
Note added at 2003-04-12 12:57:24 (GMT)
--------------------------------------------------


While the Great Game may have confronted Afghanistan with the ...
... building. Both before and after the colonial period, Afghanistan was
a rentier state, dependent on external sources of revenue. The ...
www.wm.edu/SO/monitor/spring2002/keister.htm - 33k - Còpia en memòria - Pàgines similars

Research for Action 32, Abstract
... By tracing the sources of vulnerability to the colonial legacy, this study shows
that Mobutu\'s rentier state was a vulnerable institution, providing little ...
www.wider.unu.edu/publications/rfa32a.htm - 7k - Còpia en memòria - Pàgines similars

--------------------------------------------------
Note added at 2003-04-12 13:00:24 (GMT)
--------------------------------------------------

Or \'usurer state\'



http://www.marxists.org/archive/lenin/works/1916/imp-hsc/ch0...



Further, imperialism is an immense accumulation of money capital in a few countries, amounting, as we have seen, to 100,000-50,000 million francs in securities. Hence the extraordinary growth of a class, or rather, of a stratum of rentiers, i.e., people who live by \"clipping coupons\", who take no part in any enterprise whatever, whose profession is idleness. The export of capital, one of the most essential economic bases of imperialism, still more completely isolates the rentiers from production and sets the seal of parasitism on the whole country that lives by exploiting the labour of several overseas countries and colonies.

For that reason the term \"rentier state\" (Rentnerstaat), or usurer state, is coming into common use in the economic literature that deals with imperialism. The world has become divided into a handful of usurer states and a vast majority of debtor states. \"At the top of the list of foreign investments,\" says SchuIze-Gaevernitz, \"are those placed in politically dependent or allied countries: Great Britain grants loans to Egypt, Japan, China and South America. Her navy plays here the part of bailiff in case of necessity. Great Britain\'s political power protects her from the indignation of her debtors. [2] Sartorius von Waltershausen in his book, The National Economic System of Capital Investments Abroad, cites Holland as the model \"rentier state\" and points out that Great Britain and France are now becoming such.[3] Schilder is of the opinion that five industrial states have become \"definitely pronounced creditor countries\": Great Britain, France, Germany, Belgium and Switzerland. He does not include Holland in this list simply because she is \"industrially little developed\".[4] The United States



CPUSA Online - Average Profit
... More and more prominently there emerges, as one of the tendencies of imperialism,
the creation of the \'bondholding\' (rentier) state, the usurer state, in which ...
www.cpusa.org/article/articleview/491/1/104/ - 43k - Còpia en memòria - Pàgines similars


Sheila Hardie
Spain
Local time: 00:41
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Grading comment
Thanks, everybody! That was a tough one.

Peer comments on this answer (and responses from the answerer)
agree  Kim Metzger: Agree with rentier, but would prefer debtor state. And, Sheila, I believe your Leninist source has it backwards. They also call it a bondholder state and are referring not to the debtor but to the creditor.
1 hr

agree  Wolf Brosius (X): with Kim;also got nothing to do with Rentiere with them long horns
3 hrs

agree  Сергей Лузан: with Sheila absolutely.
5 hrs

agree  Deborah Shannon: with Wolf. I'm glad the Rentiere are ruled out!
2 days 8 hrs
  -> thanks, everyone :-) yes, Rentiere are not in charge of any states I know of yet, although they might do a better job than some humans:-))
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12 mins   confidence: Answerer confidence 5/5
bondholder state


Explanation:
As a person who holds a bond from a government or corporation and is totally dependent for his/her keep on the honoring of that bond by the issuer.

V

Valentín Hernández Lima
Spain
Local time: 23:41
Native speaker of: Native in SpanishSpanish
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
neutral  Kim Metzger: Isn't a bondholder a creditor? I.e. an entity to whom money is owed?
1 hr
  -> Thank you, Kim. Bondholder is the person who holds a bond, not the institution that issues the bond.
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6 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
solvent state


Explanation:
a more generic approach

Jonathan MacKerron
Native speaker of: English
PRO pts in category: 28
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9 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
a nation in hock to others


Explanation:
but strictly speaking, it's a government that issues treasury notes with higher and higher coupons to private and public investors (including state banks like the Federal Reserve) to compensate for the poor risk this 'government paper' represents. If the risks are perceived to get worse and worse, the investors will rush to dump this paper, causing a run on the financial system. Argentina, here we come.

gangels (X)
Local time: 16:41
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in GermanGerman
PRO pts in category: 22
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2 days 8 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
Slight shift of emphasis


Explanation:
An oil-rich state can also be a "rentier state" because it lives off the wealth of its natural resources (rather than earned wealth). It is not to do with a nation's inability to pay its way, but with where a nation derives its financial resources from.

From an Overseas Development Institute discussion:

" many states in the South are not dependent on taxation. They are rentier states deriving revenue from resource rents (oil, minerals) or strategic rents (development aid).

Statistical tests show a correlation between oil/mineral economies and poor government, more conflict and low human development. [...] On the other hand, donors may have a negative impact on government through their provision of aid, when the availability of aid removes accountability of public authorities to their citizens."

"Rentier state" is the right term (while searching I came across numerous references to "rentier state theory") but in terms of a definition, "dependent on donor income/ unearned income" would seem more accurate than "unable to pay its way".




    Reference: http://www.odi.org.uk/speeches/destin2002/meeting8.html
Deborah Shannon
Germany
Local time: 00:41
Works in field
Native speaker of: English
PRO pts in category: 8
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3 days 8 hrs   confidence: Answerer confidence 5/5
debtor nation


Explanation:
I feel quite sure this is what they are referring to and how I've heard it many times when referring to impoverished lands owing large sums of money to the wealthier nations



Africa's biggest debtor nation

Nearly 70 per cent of Nigeria's roughly $29 bn external debt is owed to the Paris Club of government creditors. With its annual debt service obligation at over $4 bn, more than a third of its export income, Nigeria has in recent years pegged its annual budget allocation for actual debt servicing at $2 bn. Lower export earnings forced it to cut this to $1.5 bn in the 1999 budget. Nigeria has met its debt service obligations to its multilateral and commercial creditors but has fallen well behind on Paris Club debts since its last rescheduling deal with the Club expired in 1992. About 60 per cent of the total debt is in arrears, nearly all owed to Paris Club creditors.




    Reference: http://www.un.org/ecosocdev/geninfo/afrec/subjindx/131nigr3....
Ron Stelter
Local time: 17:41
Native speaker of: Native in EnglishEnglish
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