National Action Plan - Jordan

ESCWA Publication: E/ESCWA/CL3.SEP/2021/TP.18

Country: Hashemite Kingdom of Jordan

Publication Type: Information material

Cluster: Shared Economic Prosperity

Focus Area: Financing for development, Governance & enabling environment, Inclusive development, Future of employment

Initiatives: Enhancing integrated national development planning, Trade & industry statistics, Integrated national financing frameworks

SDGs: Agenda 2030

Keywords: Limitation of actions, Economic integration, Trade facilitation, Trade, Financial crisis, Financial flows, Technical cooperation, Regional cooperation, Tariffs, Trade agreements, Free trade, Competition policy, Political aspects, Economic aspects, Government policy, Private sector, Institutional machinery

National action plan - Jordan

February 2023

This study examines limitations to intensification efforts of regional integration caused by a combination of factors. Chief amongst these factors is the primacy of political interests over economic aspiration, leading, for instance, to the unsatisfactory implementation of certain agreements. Further limitations to integration include weak institutional capacity at both private and public levels, a fragile infrastructure, the overlapping and multiplicity of trade and investment arrangements, and a weak business environment.

To overcome these shortcomings sustainably, the productive base of the Jordanian economy needs to be expanded in order to increase the production and export of competitive commodities. Doing so will enable the economy to attract more investment and intensify integration. In addition, trade and investment arrangements between Jordan and its regional partners should cover all enabling factors to achieve the desired goals.

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