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Political Economy

Oil, rent, markets and the economic foundations of political authority.

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Political Economy

Oil, Rent and Authority: Revisiting Rentier State Theory in the Gulf

For half a century, the idea of the ‘rentier state’ has explained why oil wealth sustains authoritarian rule. How well does it still hold as Gulf governments tax, diversify and reinvent the social contract?

24 August 2026 · 4 min read

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