Research Article Open Access

Challenges Facing the Emerging Economy

Basem Mohammed Lozi1 and Dr. Abed Alnaser Al-Ziod1
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Journal of Social Sciences
Volume 7 No. 2, 2011, 251-256

DOI: https://doi.org/10.3844/jssp.2011.251.256

Submitted On: 5 July 2010 Published On: 21 March 2011

How to Cite: Lozi, B. M. & Al-Ziod, D. A. A. (2011). Challenges Facing the Emerging Economy. Journal of Social Sciences, 7(2), 251-256. https://doi.org/10.3844/jssp.2011.251.256

Abstract

Problem statement: The purpose of this study was to explore the challenges that Jordanian economy may have to face based on different scenarios in his macro-environment. Specifically, the study focused on the development in the Palestinians and the Iraqi fronts and their impact on the Jordanian economy. Approach: An exploratory research method was utilized. Results: The study findings revealed that the majority of Jordanians believed that the level of conflicts at both fronts are more likely to continue as is “no war-no peace”. Jordanians showed a tendency to be more optimistic than pessimistic about the reach for a final settlement for both conflicts. However, Jordanians showed more concern for the situation in Palestine than it is in Iraq. Conclusion/Recommendations: Were provided for Jordanian policy makers to deal with economic issues based on each scenario.

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Keywords

  • Emerging economy
  • economic reforms
  • scenarios and future prospects