Author Archives: Khalid W. Wazani

About Khalid W. Wazani

Khalid Wazani is the Strategy and Knowledge Adviser to the Mohammed Bin Rashid Al Maktoum Knowledge Foundation in Dubai. Contact him on: khalid.wazani@mbrf.ae
forecasts

Economic Forecasts and Predicting Growth

While certainly useful, economic forecasts shouldn’t distract decision makers from pursuing sound economic strategies. In a recent report, the World Bank Monitor said Jordan’s maximum real growth this year was unlikely to exceed 2.4 percent. While the average outlook over…

direct investment

Finding foreign direct investment

Jordan needs to do much more to attract much-needed foreign direct investment (FDI.) Here’s how to generate investor interest.  It will come as a surprise to no one to learn the UAE is the largest landing hub for foreign direct…

austerity

Austerity isn’t the answer

The latest round of tax hikes and subsidy cuts of austerity will unlikely have much of an impact on the underlining challenges facing Jordan’s economy. The government’s main justification for recently passing broad new austerity measures was to try to…

real growth

Reasons for Cheer in 2018

After a decade or so in the doldrums, things are finally looking up for Jordan’s economy. Evidence from both the global and regional arena warrant saying that Jordan is moving towards a growth cycle, leaving the bottleneck of the last…

economic challenges

Jordan’s Knowledge Scorecard

An important new global knowledge index highlights the areas where Jordan is excelling and struggling. According to the first edition of the Global Knowledge Index (GKI), which was recently set up by the Mohammed Bin Rashid Al Maktoum Knowledge Foundation…

economic challenges

Countdown to NEOM

Saudi Arabia’s planned $500 billion NEOM mega-city could easily become one of the most important economic development projects in the MENA region. And Jordan would have an important part in making it a success. The wildly ambitious NEOM business and…

economic challenges

The Value of Good Service

Countries over the world fully grasp the important role good services can play in the development of strong and competitive economies. So why doesn’t Jordan? In the current division of economic development stages for nations, only those with outstanding service…

economic challenges

Falling Behind

Jordan was ranked a mediocre 65 out of 137 countries in the World Economic Forum’s latest global competitiveness report. When will we admit that our economy isn’t being run effectively? According to the Global Competitiveness Report of the World Economic…

economic challenges

The Aid Conundrum

Jordan has received generous amounts of foreign aid over recent years. So why has it had such little impact on the economy? Jordan has long depended on foreign financial assistance to get by. Aid has played a crucial role in…

economic challenges

What Must Be Done

Economy of Jordan State When it comes to grappling with the perilous state of Jordan’s economy, there are many factors which are out of the government’s control. But there are modest steps it can immediately take to set the country…