Tag: Economy

Religious Tourism: a Sector’s Salvation?

Pope Francis’ recent trip to Jordan showcased to the world the important role that the Kingdom has played in the rich history of the Holy Land. The benefits of attracting more of the world’s faithful to visit Jordan’s many religious…

More Debt, Little Growth

The Ensour government likes to crow about its achievements. But I can’t see any, beyond boosting the national debt to new highs with little to show for it. The Economist- Yusuf Mansur The national debt increased by the end of May…

The Lure of Easy Money

Editor’s letter- Dina al-Wakeel In a blatant challenge to Western nations that have long dominated the global financial system, the BRICS emerging economics have decided to establish their own $50 billion development bank. Noble as the idea may be, its…

Us and the Rest

Why are economies around the world steadily powering ahead while ours remain stifled? Six months into 2014, and we’re faced with a mix of good and bad currents shaping both the world and our region. Some of them are old,…

As the Debt Grows

Most governments borrow money, but it’s how they spend it that counts. The Economist- Yusuf Mansur Jordan’s current debt-to-GDP ratio has been much higher in the past, so why is it suddenly attracting more grumbling than ever before? Net public…