The Rentier State And National Oil Companies: An Economic And Political Perspective
While the concept of the rentier state is common knowledge to Middle East scholars, very little has been written concerning the basic support and revenue tool for such states — the national oil companies. This article examines the micro-economic, financial, and managerial behavior of national oil companies, assesses their economic efficiency, and relates their operations to rentier state politics.
Document Type: Research Article
Publication date: 01 June 2010
The Middle East Institute has published The Middle East Journal quarterly since 1947. The Journal provides original and objective research and analysis, as well as source material, on the area from Morocco to Pakistan. The Journal provides the background necessary for an understanding and appreciation of the region's political and economic development, cultural heritage, ethnic and religious diversity.
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