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.
Read Overview »
Jordan’s economy continues to slowly but steadily recover from the Arab Spring spillovers. These spillovers include Egypt’s gas disruptions, the neighboring Syrian and Iraqi conflicts and associated security incidents. Notwithstanding these shocks, real GDP growth rate is estimated to have reached 3.1 percent in 2014, up 30 basis points over 2013.
Climate change is already affecting the Arab World in dire ways. It will cause e extreme heat to spread across more of the land for longer periods of time, making some regions unlivable and reducing growing areas for agriculture.
A new report provides the first comprehensive analysis of the state of early childhood development in the Middle East and North Africa. The report shows that deficits before, during, and after birth tend to be irreversible and perpetuate cycles of poverty and inequality.