Economic Research Forum (ERF)

Jordan: navigating through multiple crises - Economic Research Forum (ERF)

Jordan: navigating through multiple crises

Historically, Jordan’s economy has been dependent on workers’ remittances, international aid and, at times, on financial and in-kind support from the country’s oil-rich regional neighbours. After the collapse of oil prices in the early 1980s and the economic crunch that ensued, expansionary policy responses led to an unprecedented increase in public debt, leading to a … Continue reading Jordan: navigating through multiple crises