Jordan: Selected Issues
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.
Year of publication: |
2014-06-09
|
---|---|
Institutions: | International Monetary Fund (IMF) ; International Monetary Fund |
Subject: | Economic growth | Syria | External shocks | Labor markets | Unemployment | Electricity | Tariffs | Selected issues | Jordan |
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