Challenges Facing the Emerging Economy
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Copyright: © 2021 Basem Mohammed Lozi and Dr. Abed Alnaser Al-Ziod. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
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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- Emerging economy
- economic reforms
- scenarios and future prospects