Category: Economy

Jordan Moves to Kick-Start Growth and Pare Back Debt

Jordan Moves to Kick-Start Growth and Pare Back Debt

The government is looking to reduce its debt burden and jumpstart the economy through a combination of budgetary adjustments, a new medium-term economic strategy, and international aid agreements. In mid-May, the Cabinet announced its decision to cut this year’s JD8.8…

investment

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…

investment

Jordan’s Dutch Disease

Back in the early 1970s, a huge natural gas windfall gifted the Netherlands a strong currency and a budget surplus, but failed to improve fundamental underlying weaknesses in the country’s economy such as its uncompetitive industrial base. The term ‘Dutch…

Reevaluating the Grey Economy for Refugees

Reevaluating the Grey Economy for Refugees

As the Syrian refugee crisis enters its seventh year, the discussion on Syrian refugee livelihoods has shifted focus. The crisis is now characterized as protracted, and host states are taking measures to include refugees in the labor market. However, in…

Renewable Energy

Green Investment Growth

Regulatory reforms introduced last year should soon begin attracting investors to help carry out large, state-led projects, particularly in the field of renewable energy. The Regulation for Organizing Non-Jordanian Investments No. 77, passed in June, eased capital requirements and other…

investment

Playing the Long Game

If we want our economy to prosper, we need to start planning for the long-term.

investment

Throwing Good Money After Bad

The IMF continues to provide Jordan with huge loans. But it will be for nothing if the country doesn’t face up to the real problems holding its economy back. Around four years ago, Jordan signed up to a long overdue…

investment

How to Really Aid Our Development

Rather than asking for more aid to keep a lid on the government’s self-inflicted budget deficit, we should be encouraging foreign governments to invest in economically viable infrastructure projects. Jordan has always been a well-deserved recipient of foreign aid. Having…

investment

Trust in Trumponomics

Ignore the naysayers—Donald Trump’s economic plans will be good for the United States, Jordan, and the rest of the world. Say what you like about the man himself, but Donald Trump is moving into the White House with some progressive…