| Description |
1 online resource (32 pages) : color illustrations |
| Series |
IMF country report ; no. 12/120 |
|
IMF country report ; no. 12/120.
|
| Contents |
Cover; Content; I. Energy Subsidies: Fiscally Burdensome and Inequitable; Figures; 1. Fiscal Cost of Energy Price Subsidies; 2. Jordan Domestic and International Diesel Prices; 3. Expenditure Shares of Energy Products by Welfare Level; 4. Share of Benefit from Energy Subsidies; II. Oil Prices and the Jordanian Economy; Figures; 1. Oil Imports and Oil Prices; 2. External Income and its Composition; 3. External Income and Oil Prices; 4. Jordan's Exports to GCC and Oil Prices; III. Assessing Reserve Adequacy in Jordan; Figures; 1. Reserves to Imports; 2. Reserves to Short Term Debt |
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3. Reserves to Broad Money4. Reserves to Short Term Debt + Current Account Deficit; 5. Model-Based Optimal Level of Reserves; 6. Reserves Against Risk-Weighted Metric; IV. Jordan-Financial Conditions Index; Figure; 1. Jordan: Financial Conditions Index; V. Drivers of Growth in Jordan; Figures; 1. Real GDP Growth Rate in Jordan; 2. Sector Shares of GDP by Decade; Tables; 1. Sectoral Contribution to Real Growth in Percentage Points; 3. Starting a Business--Global Rank; 4. Getting Credit--Global Rank; 2. Jordan's Ranking for Doing Business 2011; VI. Fiscal and Debt Implications of Mega Projects |
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Table1. Jordan: Consolidated Impact of Megaprojects on Central Government; VII. The Employment Challenge Facing Jordan; Figures; 1. Unemployment Rates by Region; 2. Employment-to-Working Age Population Ratios and Labor Force Participation Rates By Region; Table; 1. Growth Required to Absorb New Labor Force Entrants and Currently Unemployed; VIII. Taking Stock of Public Investment Efficiency, Capital Accumulation and Total Factor Productivity in Jordan; Figures; 1. Jordan Infrastructure; 2. PIMI Overall Index: Decomposition by Sub-Index |
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3. PIMI Index and its Sub-Components: Selected Countries in MENA4. Output per Worker: MENA Region; Table; 1. Decomposition of Output Per Worker, 1992-2008 |
| Summary |
This Selected Issues Paper focuses on economic condition, energy subsidies, and oil prices in Jordan. Energy price subsidies pose a serious fiscal risk in the present context of increasing and volatile international prices. The macroeconomic situation in Jordan is closely tied to that of other countries in the Middle East. From a policy perspective, macroeconomic and structural policies in Jordan should be conducted in such a way that the vulnerability of the country to sudden stops or reversals of external income flows is reduced |
| Notes |
"March 26, 2012." |
| Bibliography |
Includes bibliographical references |
| Notes |
Online resource; title from PDF title page (IMF Web site, viewed June 19, 2012) |
| Subject |
Economic development -- Jordan
|
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Energy industries -- Prices -- Jordan
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Petroleum products -- Prices -- Jordan
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Foreign exchange reserves -- Jordan
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Unemployment -- Jordan
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Economic development
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Economic history
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Energy industries -- Prices
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Foreign exchange reserves
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Petroleum products -- Prices
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Unemployment
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| SUBJECT |
Jordan -- Economic conditions
|
| Subject |
Jordan
|
| Form |
Electronic book
|
| Author |
El-Said, Moataz.
|
|
International Monetary Fund.
|
| ISBN |
1475575289 |
|
9781475575286 |
|
9781475546422 |
|
1475546424 |
| ISSN |
2227-8907 |
|
