The Impact of Middle East Conflict on the Jordanian Economy

Naim Al-Qadi and Basem Lozi

International Journal of Academic Research in Business and Social Sciences, 2017, vol. 7, issue 7, 345-355

Abstract: 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 Iraqi, Syria and Palestinians fronts and their impact on the Jordanian economy. An exploratory research method was utilized. The study findings revealed that the majority of Jordanians believed that the level of conflicts at the three 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 the three conflicts. However, Jordanians showed more concern for the situation in Palestine than it is in Iraq and Syria. Conclusion/Recommendations: were provided for Jordanian policy makers to deal with economic issues based on each scenario.

Keywords: Emerging Economy; Jordan Economy; Scenarios; and Future Prospects (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:hur:ijarbs:v:7:y:2017:i:7:p:345-355

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