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Topic: Economy of Jordan


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In the News (Mon 23 Nov 09)

  
 Jordan Times (Economy Section)
Jordan relies on external budgetary support, in the form of politically sensitive grants, to reduce the overall central government fiscal deficit to a manageable level — 3.4 per cent of GDP in 2000 and less than 3.0 per cent in 2001.
Jordan's policymakers have chosen to pursue an economic reform programme that should rapidly liberalise the country's economy, and have committed themselves to reducing the fiscal deficit and maintaining macroeconomic balance.
Jordan's stock of government debt, at about 131 per cent of GDP in 2000, is higher than that of all other `BB-' rated countries, and both the `BB' and `B' medians of 49 per cent and 80 per cent, respectively, in 2000.
www.mafhoum.com /press/52E1.htm   (1494 words)

  
 Jordan Economy
Jordan exported $11 million in goods to the U.S. in 1990, when two-way trade was $298 million; it exported $412 million in 2002 with two-way trade at $817 million.
Jordan is classified by the World Bank as a "lower middle income country." The per person GDP is approximately $1,755 and rates of poverty and unemployment remain high.
Jordan's population growth rate is high, but has declined in recent years, to approximately 2.7% currently, the average for the region.
www.multied.com /NationbyNation/Jordan/Economy.html   (486 words)

  
 Jordan - The Economy   (Site not responding. Last check: 2007-09-10)
JORDAN, A SMALL NATION with a small population and sparse natural resources, has long been known by its Arab neighbors as their "poor cousin." In the late 1980s, Jordan was compelled to import not only many capital and consumer goods but also such vital commodities as fuel and food.
Jordan's status as the world's third largest producer of phosphates ensured a steady--if relatively modest--flow of export income that offset some of its high import bills.
Jordan also capitalized on its strategic geographic location, its educated work force, and its free enterprise economy to become a regional entrepôt and transit point for exports and imports between Western Europe and the Middle East.
countrystudies.us /jordan/45.htm   (497 words)

  
 Jordan - The Economy - ROLE OF THE GOVERNMENT
Government encroachment on the economy in the form of ownership or equity participation in corporations was inevitable and, to some extent, inadvertent.
In 1989 it was difficult to assess whether the government's role in the economy was increasing or decreasing.
The government's forceful intervention with specific restrictions to stabilize the economy during the 1988 financial crisis was uncharacteristic.
countrystudies.us /jordan/47.htm   (1160 words)

  
 Jordan (10/06)
Jordan exported $6.9 million in goods to the U.S. in 1997, when two-way trade was $395 million; it exported $1.1 billion in 2005 and $574 million in the first six months of 2006, with two-way trade at almost $1.7 billion and $850 million respectively.
Jordan is classified by the World Bank as a "lower middle income country." The per capita GDP, as reported by the IMF, was $2,317 for 2005, and 14.8% of the economically active population was unemployed at the end of 2005.
Jordan's population growth rate has declined in recent years and is currently 2.3% as reported by the Jordanian government.
www.state.gov /r/pa/ei/bgn/3464.htm   (3689 words)

  
 meepas Jordan country profile—Jordan economy, Jordan politics, Threats   (Site not responding. Last check: 2007-09-10)
Jordan's peace treaty with Israel and its close relations with the US raise the ire of the Islamic militant organisation even more.
The presence of Jordanians amongst this group can be considered as a threat to Jordan's long term security because it is quite possible that upon the termination of the war (or even before it) they may return to Jordan and start militant activities there.
In the year 2004 Jordan was the recipient of free of oil in the form of economic grant from Saudi Arabia and Gulf Countries.
www.meepas.com /Jordanthreats.htm   (776 words)

  
 Jordan: Economy
Jordan has a strong currency, and even if the GNP/capita is low, the country has experienced strong economic growth the last few years.
Jordan has never been self sufficient on food, but now that gap is increasing, as internal demands rise quicker than the production.
Now, Jordan is importing products after the same criteria that applies for underdeveloped countries: exports of some products, and import of basic food stuffs.
i-cias.com /e.o/jordan_2.htm   (207 words)

  
 Economy of Jordan, Culture of Jordan, Jordan History, Jordan Flag, History of Jordan
Jordan is 79 percent urban; nomads and semi nomads represent about 5 percent.
Jordan is almost landlocked and has inadequate supplies of water, which makes it unsuitable for agriculture.
Jordan heavily depends upon foreign aid from its oil rich neighbors.
www.mapsofworld.com /country-profile/jordan1.html   (295 words)

  
 economy jordan,economic context jordan
The agriculture in Jordan is dependent on the abundance of rain and on the irrigation.
Jordan is one of the three more important exporters of phosphates in the world.
Jordan's construction industry is working in the country but also outside Jordan on various projects in collaboration with international firms.
www.1stjordan.net /content/context.html   (647 words)

  
 Jordan - US FTA :: Economy Jordan
Jordan is a small country with limited natural resources and inadequate supplies of water.
Jordan has established a water protocol with Israel, which has relieved some water limitations; however, the country needs additional sources and is currently pursuing several options.
Jordan's economy has traditionally centered on its natural resources of phosphates, potash, and fertilizer derivatives as well as tourism and foreign aid.
www.jordanusfta.com /economy_jordan_en.asp   (229 words)

  
 USAID - Asia and the Near East - Countries - Jordan
Jordan is one of the ten most water-deprived countries in the world.
However, Jordan embarked on economic and social reform with broad public and private support, which has led to overall economic growth over the last several years.
Jordan’s social reform efforts are focused on ensuring that the benefits of development and reform are spread throughout society.
www.usaid.gov /locations/asia_near_east/countries/jordan   (795 words)

  
 Worldworx Travel - Safety - Middle East - Jordan
The Hashemite Kingdom of Jordan is a constitutional monarchy with a developing economy.
While Jordan is modern and Western-oriented, Islamic ideals and beliefs provide the conservative foundation of the country’s customs, laws and practices.
Jordan does not have restrictions on women driving and it is not unusual for women to drive alone.
www.worldworx.tv /safety/middle-east/jordan/index.htm   (1658 words)

  
 Jordan Times (Economy Section)   (Site not responding. Last check: 2007-09-10)
The King indicated that despite the fact that Jordan is a limited market, it has access to major world markets such as the US and the EU, thanks to the Free Trade Agreements the country has entered with these economic powers, along with Arab countries.
He also outlined the main economic indicators of a healthy economy, citing a 6.3 per cent growth rate in gross domestic product (GDP) recorded by the end of the third-quarter of this year, and the increase in exports to $3.3 billion by the end of September, compared to $1.5 billion in 1999.
King Abdullah also briefed the businessmen on the economic reforms achieved by Jordan in the past few years that resulted, for example, in lowering the ratio of foreign debt to GDP from 96 per cent in 1999 to 52 per cent this year.
www.jordantimes.com /fri/economy/economy1.htm   (461 words)

  
 Mark Yannone - Issues - Foreign Aid - Foreign Aid Budget - Jordan - Economic Conditions
Economy overview: Jordan is a small Arab country with inadequate supplies of water and other natural resources such as oil and coal.
Jordan benefited from increased Arab aid during the oil boom of the late 1970s and early 1980s, when its annual real GNP growth averaged more than 10%.
The economy rebounded in 1992, largely due to the influx of capital repatriated by workers returning from the Gulf, but recovery was uneven.
www.yannone.org /jordan-economy.html   (493 words)

  
 Economy of Jordan
Jordan's economic resource base centers on phosphates, potash, and their fertilizer derivatives; tourism; overseas remittances; and foreign aid.
Jordan's distance from other markets makes its exports less competitive outside the region, and political disputes among its traditional trading partners--Iraq, Saudi Arabia, and the Gulf states--frequently restrict regional trade and development.
Jordan also suffered adverse economic consequences from the 1990-91 Gulf War.
www.fastload.org /ec/Economy_of_Jordan.html   (749 words)

  
 Economy - Jordan's Free Zones
Jordan's free zone areas were established to promote export-oriented industries and transit trade.
In addition, plans are under consideration for promoting private free zones in Jordan, as well as for setting up a trilateral free zone including Jordan, the PNA territories and Israel.
The products of free zone industries are exempt from customs fees in the case of offering them for consumption in the local market, limited by the cost of the local material and the expenses which go into their manufacture.
www.kinghussein.gov.jo /economy10.html   (541 words)

  
 Jordan - Economy
The government also has liberalized the trade regime sufficiently to secure Jordan's membership in the WTO (2000), a free trade accord with the US (2001), and an association agreement with the EU (2001).
Jordan imported most of its oil from Iraq, but the US-led war in Iraq in 2003 made Jordan more dependent on oil from other Gulf nations, forcing the Jordanian Government to raise retail petroleum product prices and the sales tax base.
Jordan's export market, which is heavily dependent on exports to Iraq, was also affected by the war but recovered quickly while contributing to the Iraq recovery effort.
www.exxun.com /Jordan/e_ec.html   (486 words)

  
 Microfinance at the University - Jordan Economy overview
Jordan is a small Arab country with inadequate supplies of water and other natural resources such as oil.
The government also has liberalized the trade regime sufficiently to secure Jordan's membership in the WTrO (2000), a free trade accord with US (2000), and an association agreement with the EU (2001).
The US-led war in Iraq in 2003 dealt an economic blow to Jordan, which was dependent on Iraq for discounted oil.
www.saa.unito.it /meda/jordan_economy.htm   (181 words)

  
 Economy Of Jordan   (Site not responding. Last check: 2007-09-10)
If you would like to use this flag of Jordan or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
If you would like to use this map of Jordan or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
If you would like to use this information for Jordan or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
www.appliedlanguage.com /country_guides/jordan_country_economy.shtml   (486 words)

  
 [No title]   (Site not responding. Last check: 2007-09-10)
Economy of Jordan: The current economy in Jordan is turning for the worst.
These two factors make Jordan of Jordan had power among his people, but with the current trends King Hussein is finding it harder to keep control of the masses.
Military: Jordan has a decent sized army that is supplied from many western countries (mostly the U.S. and some from Great Britain).
www-personal.umich.edu /~rtanter/W96PS353S2/profilejordan   (764 words)

  
 Jordan Watch: Jordan Economy
The real estate boom is Jordan has benefited a few and caused a major concern of economic security for the majority of Jordanians.
The monthly Jordanian magazine "Jordan Business" which is one of the most respectful and professional publications in Jordan came up with a nice idea to identify the 30 most influential people in Jordan.
The year 2006 is expected to witness the launch of a long-term process of survival for the Middle Class in Jordan, to be added to the continuous survival battle fought by the poor since decades.
batir.jeeran.com /categories/Jordan_Economy   (970 words)

  
 BBC News | The Economy | Economy tests Jordan's new king
The people of Jordan have been celebrating the accession of King Abdullah in the capital, Amman - but the rejoicing brings only temporary relief from the country's huge economic problems.
But King Abdullah has come to power as Jordan is facing up to the necessity of tackling the dire state of its economy.
The people of Jordan are enjoying the spectacular festivities, but it is clear they want to see a rapid improvement in their fortunes, without which they could turn against the young king.
news.bbc.co.uk /1/hi/business/the_economy/364970.stm   (399 words)

  
 Jordan's economy benefits from privatisation, amid criticism   (Site not responding. Last check: 2007-09-10)
Munir Hamarneh, a professor of economy at Jordan University, also believes that the government should have made better use of the revenues.
Jordan's foreign reserves now stand at $2 billion, compared with $900 million in 1999, thanks to the liberalisation of the economy.
But the biggest deal of all was sealed in January 2000 when Amman sold 40 per cent of its shares in Jordan Telecom to France Telecom for $508 million.
www.jordanembassyus.org /06292001005.htm   (524 words)

  
 Shouman voices confidence in Jordan's economy   (Site not responding. Last check: 2007-09-10)
AMMAN (J.T.) — Chairman of the Board of Directors of the Arab Bank and the Bank's Director General Abdul Majeed Shouman Saturday wished His Majesty King Hussein speedy recovery and a safe return home to his family and people, stressing that the hearts of the Jordanian people are with the King.
Shouman voiced confidence that Jordan, which had been able to overcome all obstacles and crises in the past, has the might and the ability to overcome any emerging situation, saying that King Hussein will remain amongst us for ever.
The new economic approach, which is based on free market economy and competition has contributed to enhancing confidence in the economy and to assuring local and foreign investors about their funds and assets.
www.jordanembassyus.org /072698007.htm   (350 words)

  
 USAID Telling Our Story: Jordan - Technology Industry Leader in the Middle East
When Jordan’s King Abdullah II took the throne in 1999, he challenged the private sector to devise a plan for building the country’s young information and communications technology (ICT) sector by utilizing Jordan’s highly skilled and educated workforce.
Jordan’s ICT sector has seen tremendous growth since the REACH Initiative was launched, in spite of persistent regional insecurity and a global decline in technology spending and investment.
The 2002 Jordan ICT Forum, the culmination of USAID’s support to the ICT industry, attracted nearly 1,000 participants from more than thirty-five countries including top U.S. and European executives, who praised Jordan’s dynamic approach and strong public-private cooperation.
www.usaid.gov /stories/jordan/cs_jordan_it.html   (443 words)

  
 Jordan Economy - overview - Economy   (Site not responding. Last check: 2007-09-10)
The main challenges facing Jordan are reducing dependence on foreign grants, reducing the budget deficit, and creating investment incentives to promote job creation.
Definition: This entry briefly describes the type of economy, including the degree of market orientation, the level of economic development, the most important natural resources, and the unique areas of specialization.
It also characterizes major economic events and policy changes in the most recent 12 months and may include a statement about one or two key future macroeconomic trends.
www.indexmundi.com /jordan/economy_overview.html   (296 words)

  
 Jordan - Wikipedia, the free encyclopedia
Consequently, Jordan had to request aid from the United States and the United Kingdom, which prevented escalations between Jordan and the UAR (see Conflict between the United Arab Republic and Jordan).
After Hussein reached 18, he ruled Jordan as king from 1953 to 1999, surviving a number of challenges to his rule, drawing on the loyalty of his military, and serving as a symbol of unity and stability for both the Bedouin-related and Palestinian communities in Jordan.
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en.wikipedia.org /wiki/Jordan   (4838 words)

  
 Jordan's Economy: Problems and Prospects, Mustafa B   (Site not responding. Last check: 2007-09-10)
In June 1993, a conference entitled "Jordan's Economy: Problems and Prospects" was organized by the Center for Strategic Studies at the University of Jordan.
The conference hosted specialists from both the private and public sectors, as well as academics from Jordan, the Arab World, and from various universities worldwide.
The conference tackled a wide range of topics such as development strategies in theory and in practice, indebtedness, unemployment, agriculture, industry, government intervention, policies of the Central Bank and the role of the Gulf countries.
www.css-jordan.org /publications/books/joreconomy/index.html   (165 words)

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