Skip navigation

Report

Jordan Economic Monitor, Spring 2015 : Persisting Forward Despite Challenges

TARIFFS LINE OF CREDIT MONETARY POLICY CAPITAL MARKETS DEPOSIT FINANCIAL SERVICES LINES OF CREDIT RED TAPE ECONOMIC GROWTH ENTERPRISE DEVELOPMENT DEPOSITS PEOPLE FINANCING FISCAL DEFICITS INFORMATION SYSTEM DISPOSABLE INCOME INTEREST CREDIT FACILITIES PUBLIC INVESTMENTS GUARANTEES PRIVATIZATION FINANCIAL DISTRESS PRIVATE CREDIT INSURANCE SERVICES AVAILABILITY OF CREDIT ECONOMIC DEVELOPMENTS REVENUES FISCAL POLICY WELFARE ANGEL NETWORKS CAPITAL ADEQUACY LOAN CAPACITY BUILDING CREDITWORTHINESS BORROWERS SUBSIDY INCOME TAX LABOR FORCE PARTICIPATION CORRUPTION PAYMENTS SAVING BANKRUPTCY INPUT PRICES TREASURY BILL CREDITORS CREDITOR MFIS INFORMATION ASYMMETRIES LENDER MICROFINANCE INSTITUTIONS BANK LENDING PUBLIC CREDIT DEVELOPMENT CORPORATION ACCESS TO FINANCIAL SERVICES ECONOMIC ACTIVITY LACK OF CREDIT LABOR MARKET SAVINGS TECHNICAL ASSISTANCE FINANCIAL INSTITUTION COLLATERAL REQUIREMENT COMMERCIAL BANK CHECKING ACCOUNT UNION CURRENT ACCOUNT DEBTS FINANCES TAX EXEMPTIONS INTEREST RATES PAYMENT FINANCIAL INSTITUTIONS DEBT PRIVATE INVESTMENT LIMITED ACCESS RECEIPTS FINANCIAL PRODUCTS PENETRATION RATE VENTURE CAPITAL ACCOUNTS RECEIVABLE LOANS ENTERPRISES SOCIAL DEVELOPMENT PRIVATE EQUITY FINANCIAL SYSTEM REAL ESTATE POOR CREDIT FINANCE PUBLIC INVESTMENT BANKS FISCAL DEFICIT EXPENDITURE REGULATORY POLICIES UNEMPLOYMENT DEBT FINANCING COLLATERAL REQUIREMENTS CHECKING ACCOUNTS EQUITY GRANT INDICATORS OF ACCESS LOAN GUARANTEE CAPITAL BUSINESS DEVELOPMENT SERVICES FINANCE ACCESS LACK OF ACCESS OVERDRAFT STUDENT FAMILY ACCESS TO FINANCE BUSINESS DEVELOPMENT GENDER BANK FOREIGN DIRECT INVESTMENT CREDIT TREASURY BILLS INTEREST PAYMENT FINANCIAL INSTRUMENTS WORKING CAPITAL HOUSEHOLD EDUCATION LEVEL EXPENDITURES CREDIT INFORMATION ENTERPRISE PROPERTY CREDIT REPORTING JOB CREATION EMPLOYMENT GROWTH REFUGEES TRANSACTION COSTS GUARANTEE SCHEME CREDIT BUREAU DIVERSIFICATION FINANCIAL INFRASTRUCTURE CREDIT INFORMATION SYSTEM ACCESS TO CREDIT MICROFINANCE LOAN RECOVERY EMPLOYER MICRO-ENTERPRISE SECURITY BANK LOANS INVESTMENT FINANCIAL INTERMEDIATION COMMERCIAL BANKS HOUSEHOLDS COLLATERAL PUBLIC FINANCES INTERNAL FUNDS BORROWINGS FINANCIAL MARKETS TARIFF ENTREPRENEURSHIP DEVELOPMENT COOPERATION EXTERNAL SHOCKS REVENUE PRIVATE INVESTMENTS EARNINGS INVESTMENTS BORROWING HOUSEHOLD WELFARE EXTERNAL FINANCING BANKING SUPERVISION FINANCIAL INTERMEDIATIONS FORM OF COLLATERAL WOMEN OUTREACH REMITTANCES BANK BRANCHES CREDIT HISTORY ISSUE OF ACCESS CREDIT INSTITUTIONS CREDIT LINES GUARANTEE CREDIT REGISTRY CASH FLOW START-UPS EMPLOYEES
48
0

Attachments [ 0 ]

There are no files associated with this item.

More Details

Washington, DC
Middle East and North Africa | Jordan
2015-06-23T22:10:31Z | 2015-06-23T22:10:31Z | 2015-06

Jordans economy continues to slowly but steadily recover from the Arab Spring spillovers. These spillovers include Egypts 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. From the supply side, growth was led by construction, wholesale and retail trade, and finance and insurance, with a pick-up in the mining and quarrying sector. On the demand side, growth was predominantly fueled by higher public investments, mostly due to earmarked GCC grants, and a narrower trade deficit. The steady economic recovery has improved unemployment rates although this masks underlying structural weaknesses. While unemployment dropped from 12.6 to 11.9 percent from 2013 to 2014, this was not driven by increased employment but by an equivalent and concerning drop in the labor force participation rate. This was possibly driven by discouraged workers given perceived competition from refugees and limited hiring prospects in the public sector given ongoing consolidation efforts.

Comments

(Leave your comments here about this item.)

Item Analytics

Select desired time period