IMF Staff Country Reports

Jordan: Selected Issues

Publication Date:

June 9, 2014

Electronic Access:

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Summary:

This Selected Issues paper investigates the macroeconomic impact of the Syria crisis on Jordan. It is indicated that the crisis: (1) had an overall negative impact on measured output growth—although anecdotal evidence suggests possibly a positive impact on output in the informal sector; (2) contributed to inflationary pressures, particularly on rents; and (3) strained labor markets, mostly in the informal sector as refugees compete with locals for jobs. Although the crisis has put a strain on the external trade balance, the overall impact on the current account is not clear.

Series:

Country Report No. 2014/153

Subject:

Commodities Electricity Employment Labor Labor markets Tariffs Taxes Unemployment rate