G2TT
来源类型Faculty Working Papers
规范类型工作论文
来源IDCID Faculty Working Paper No. 374
A Roadmap for Investment Promotion and Export Diversification: The Case for Jordan
Ricardo Hausmann; Patricio Goldstein; Ana Grisanti; Tim O'Brien; Jorge Tapia; Miguel Angel Santos
发表日期2019-12
出版年2019
摘要

Jordan faces a number of pressing economic challenges: low growth, high unemployment, rising debt levels, and continued vulnerability to regional shocks. After a decade of fast economic growth, the economy decelerated with the Global Financial Crisis of 2008-09. From then onwards, various external shocks have thrown its economy out of balance and prolonged the slowdown for over a decade now. Conflicts in neighboring countries have led to reduced demand from key export markets and cut off important trade routes. Foreign direct investment, which averaged 12.7% of gross domestic product (GDP) between 2003-2009, fell to 5.1% of GDP over the 2010-2017. Regional conflicts have interrupted the supply of gas from Egypt – forcing Jordan to import oil at a time of record prices, had a negative impact on tourism, and also provoked a massive influx of migrants and refugees. Failure to cope with 50.4% population growth between led to nine consecutive years (2008-2017) of negative growth rates in GDP per capita, resulting in a cumulative loss of 14.0% over the past decade (2009-2018). Debt to GDP ratios, which were at 55% by the end of 2009, have skyrocketed to 94%.

URLhttps://www.hks.harvard.edu/centers/cid/publications/faculty-working-papers/roadmap-jordan
来源智库Center for International Development (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/503289
推荐引用方式
GB/T 7714
Ricardo Hausmann,Patricio Goldstein,Ana Grisanti,et al. A Roadmap for Investment Promotion and Export Diversification: The Case for Jordan. 2019.
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