Sentence examples for oil rent from inspiring English sources

The oil rent reinforced and perpetuated it: it has bought political stability and the loyalty of the population, but has slowed down modernisation.

But this has had limited appeal for Russia's ruling class, whose strategy has been to spend the oil rent made at home on property and a lavish lifestyle abroad.

While Russia has a nominally free-market economy, it is one highly skewed by the misallocation of capital and resources to firms run by cronies.The Kremlin distributes oil rent via state banks to firms and projects which it selects on the basis of their political importance and their pro-Putin stance.

This paper sheds light on the relationship between oil rent and the allocation of talent, toward rent-seeking versus more productive activities, conditional on the quality of institutions.

This study examines the impact of alternative and nuclear energy consumption (NE), fossil fuel energy consumption (FFUEL), carbon dioxide emissions (CO2) and oil rent (OILRENT) on economic growth (GDPPC) and foreign direct investment (FDI) in the panel of nine Latin American countries, for the period of 1975 2013.

Some other factors have contributed to this lack of appetite for change of sorts, notably the regime's use of the oil rent to buy peace and quell social unrest".

"Oil rents drive out any other productive activity," Karl says.

Some have become billionaires controlling the distribution of the oil rents.

It may be because the government, flush with oil rents, increases demand for service-sector industries in the south.

Even Chad, an oil exporter mocked for its one-track economy, has of late seen oil rents play a progressively smaller part.

Chávez promised to stop the looting, and he did eventually direct a much higher percentage of oil rents to housing, education, and health care for the poor.