Jordan: Selected Issues

June 9, 2014

Preview Citation

Format: Chicago

Jordan: Selected Issues, (USA: International Monetary Fund, 2014) accessed September 19, 2024

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.

Subject: Commodities, Electricity, Employment, Labor, Labor markets, Tariffs, Taxes, Unemployment rate

Keywords: Asia and Pacific, CR, East Africa, East Asia, Electricity, Employment, Europe, IMF staff estimate, ISCR, Labor market, Labor market outcome, Labor markets, Middle East, North Africa, Policy setting, Syria conflict, Syria crisis, Tariffs, Unemployment rate

Publication Details

Pages:

28
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2014/153
Stock No:

1JOREA2014002
ISBN:

9781498368919
ISSN:

1934-7685

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