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Jordan is one of the most important countries of the Fertile Crescent. Although it is not richly endowed with material resources its political significance in the region gives it considerable authority. This book focuses on the economic development of Jordan over the last decade. It analyses the structural changes the economy has undergone and examines the experience of the key sectors. It also looks at the contribution of foreign aid and emigrant workers’ remittances to the economy. The book concludes that there is a significant potential for the Jordanian economy but the current political and economic problems facing it are daunting. First published in 1987.
First Published in 1979 Economic Growth and Development in Jordan is a comprehensive analysis of the economies of pre-1967 Jordan and the post-1967 East Bank. Part I includes statistical data that measures the growth performance of Jordan’s prewar economy and presents the first quantitative explanation of its concentration in the service sector. Part II surveys the postwar East Bank economy, including a critical analysis of statistical data. The third section of the book covers Jordan’s development policies and experiences in the areas of agriculture, industry, and planning. Dr Mazur concludes with speculations on the future of the Jordanian economy with and without a Middle East peace settlement. This is an interesting read for students and researchers of economics, Middle East studies and Middle East economics.
The purpose of this paper is to empirically determine the effects of political instability on economic growth. Using the system-GMM estimator for linear dynamic panel data models on a sample covering up to 169 countries, and 5-year periods from 1960 to 2004, we find that higher degrees of political instability are associated with lower growth rates of GDP per capita. Regarding the channels of transmission, we find that political instability adversely affects growth by lowering the rates of productivity growth and, to a smaller degree, physical and human capital accumulation. Finally, economic freedom and ethnic homogeneity are beneficial to growth, while democracy may have a small negative effect.
This atlas aims to provide the reader with key pointers for a spatial analysis of the social, economic and political dynamics at work in Jordan, an exemplary country of the Middle East complexities. Being a product of seven years of scientific cooperation between Ifpo, the Royal Jordanian Geographic Center and the University of Jordan, it includes the contributions of 48 European, Jordanian and International researchers. A long historical part followed by sections on demography, economy, social disparities, urban challenges and major town and country planning, sheds light on the formation of Jordanian territories over time. Jordan has always been looked on as an exception in the Middle East due to the political stability that has prevailed since the country’s Independence in 1946, despite the challenge of integrating several waves of Palestinian, Iraqi and - more recently - Syrian refugees. Thanks to this stability and the peace accord signed with Israel in 1994, Jordan is one of the first countries in the world for development aid per capita.
The Middle East and North Africa (MENA) is an economically diverse region. Despite undertaking economic reforms in many countries, and having considerable success in avoiding crises and achieving macroeconomic stability, the region’s economic performance in the past 30 years has been below potential. This paper takes stock of the region’s relatively weak performance, explores the reasons for this out come, and proposes an agenda for urgent reforms.
Understand the economic, cultural, and enterprise issues facing the Arab countries of the Middle East!Jordan is playing a vital role in the economic and political transformation of the Middle East, but little research has been done on its business climate. Management and International Business Issues in Jordan fills that gap. This groundbreaking volume spans the social, cultural, economic, and enterprise issues facing Jordan, as seen by Arab managers, academics, finance professionals, and business leaders. Many experts believe that Jordan has the potential to become another Singapore. Management and International Business Issues in Jordan suggests ways your company can be among the first to establish profitable business enterprises in this strategically placed nation. It analyzes corporate culture and the best tactics for consolidating your firm’s economic position.Management and International Business Issues in Jordan provides empirical research and pragmatic advice on how to make your business in Jordan a success, including: reducing high transaction costs working with, not against, the prevailing corporate culture understanding why multinational corporations should choose a joint venture strategy as the most effective way to establish a presence encouraging the growth of business and the involvement of entrepreneurs improving the local infrastructure to attract international investment responding positively to the challenges of reform and internationalization understanding the complex historical factors that still influence Jordan’s economy recognizing the sources of job satisfaction in traditional Arab corporate cultureWhether your business is based in Jordan or you are planning to expand to that market, Management and International Business Issues in Jordan provides the information you need to make your venture a success.
Manufacturing-led development has provided the traditional model for creating jobs and prosperity. But in the past three decades the conventional pattern of structural transformation has changed, with the services sector growing faster than the manufacturing sector. This raises critical questions about the ability of developing economies to close productivity gaps with advanced economies and to create good jobs for more people. At Your Service? The Promise of Services-Led Development (www.worldbank.org/services-led-development) assesses the scope of a services-driven development model and policy directions that can maximize the model’s potential.
Since the very beginnings of economics as a science, which might be dated from Ibn Khaldun's "Introduction to History" (1377), the challenge of making societies escape from poverty and attain some degree of prosperity has always been, and can remain, a fundamental issue. This book presents research on each of these issues.
According to conventional wisdom, the national identity of the Jordanian state was defined by the ruling Hashemite family, which has governed the country since the 1920s. But this view overlooks the significant role that the "Arab street"—in this case, ordinary Jordanians and Palestinians—played and continues to play in defining national identity in Jordan and the Fertile Crescent as a whole. Indeed, as this pathfinding study makes clear, "the street" no less than the state has been a major actor in the process of nation building in the Middle East during and after the colonial era. In this book, Betty Anderson examines the activities of the Jordanian National Movement (JNM), a collection of leftist political parties that worked to promote pan-Arab unity and oppose the continuation of a separate Jordanian state from the 1920s through the 1950s. Using primary sources including memoirs, interviews, poetry, textbooks, and newspapers, as well as archival records, she shows how the expansion of education, new jobs in the public and private sectors, changes in economic relationships, the establishment of national militaries, and the explosion of media outlets all converged to offer ordinary Jordanians and Palestinians (who were under the Jordanian government at the time) an alternative sense of national identity. Anderson convincingly demonstrates that key elements of the JNM's pan-Arab vision and goals influenced and were ultimately adopted by the Hashemite elite, even though the movement itself was politically defeated in 1957.