Challenges facing Jordan include vulnerability to fluctuations in the oil market because of its energy import dependency and the disruption of gas supplies from Egypt; high unemployment and a dependency on remittances from Gulf economies; increasing pressure on natural resources, especially water; and escalating spillovers from the Syrian conflict.
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June 3, 2014 — World Bank Group President Jim Yong Kim today told an audience of students and policymakers that it was time to “prepare for peace” in Syria and surrounding countries, citing similar efforts that began 70 years ago before the end of World War II.Read More »
This issue assesses the macroeconomic performance of seven of the MENA countries including Jordan. All of these countries experienced rapid economic growth during 2000-10, and suffered a sharp economic slowdown in the aftermath of 2011. The brief focuses on the challenges facing these countries and at the consequences of the growth slowdown.Read More »