Contesting Structural Adjustment: The Donor Community, Rentier Elite and Economic Liberalisation in Jordan

Warwick Knowles

Chapter 5 in Globalisation, Democratisation and Radicalisation in the Arab World, 2011, pp 89-108 from Palgrave Macmillan

Abstract: Abstract The Hashemite Kingdom of Jordan has proved to be one of the world’s most vulnerable countries to external political, economic and security events. In part, the Hashemite regime has been able to maintain its position because of the flows of aid, which have been an enduring feature of the political economy since the establishment of Transjordan in 1921. The importance of the aid inflows has resulted in a number of writers using rentier theory to discuss the political and economic developments in Jordan, on the basis that aid is a form of rent. From the start of the 1970s an additional flow of rent, remittances, has entered the economy, further affecting the structure of the political economy of the Kingdom.

Keywords: Private Sector; Arab World; Economic Liberalisation; Donor Community; Expenditure Policy (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-30700-1_5

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DOI: 10.1057/9780230307001_5

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