Rentire States Examples - 1156 Words

Solutions to rentire states Batool haidar Abstract Rentire states are wealthy mostly, however its not developing nor producing to help in self sufficient, which created a problem needed to be solved, two suggested solutions are taxation with some benefits resulted from a previous study between high tax countries and low tax countries the other solution is diversification and its effect on economy and socially and two supportive examples Introduction Rentire states is the country that receives its revenues mostly if not all from outside worlds (rent) on regular basis. Most of the sources of rent paid by those other countries comes from natural resources like oil and as Beblawi defines a rentier state as one in which rents are†¦show more content†¦The bank also has categories regarding the projects: †¢ Small projects† KD 0.5 million in total assets. †¢ Uni graduates KD 100,000 - KD 3, 000 minimum. †¢ The bank support the projects with 80% of new project (Kuna, 2006) 2. Taxation: Tax paying would give people more sense of responsibility and an incentive to work and produce A study was done low tax countries with high tax countries, which will help us in the case of retire states comparing them to the lower taxes countries, as it will be worse of course. In the study the used some indicators to represent the social and some the economic which is similar to our case (the mentality and economy): Socially: †¢ High tax countries have lower poverty percentage than high tax ones †¢ Income is distributed more equally in high taxes countries than lower ones †¢ The workers have more economic security n high taxes than lower taxes countries †¢ In education the high tax countries scored a higher percentages of people completed