The Jordanian Economy and Financial and Economic Crises: The Capacity to Adapt and Overcome Challenges

The book “The Jordanian Economy and Financial and Economic Crises: The Capacity to Adapt and Overcome Challenges” by Dr. Adli Qandah, published by the Royal Hashemite Documentation Center, examines the history of Jordan’s economy over the past century, focusing on financial, banking, economic, political, and health crises and their impacts. It analyzes how external and internal shocks—such as regional conflicts, oil crises, the 1988–1990 financial crisis, the 2008 global crisis, the Arab Spring, and COVID-19—affected the national economy. Despite repeated shocks, Jordan has shown resilience and adapted through various policy responses and reforms, though challenges like unemployment, inflation, and debt remain. The book reviews the structural evolution of the Jordanian economy from agriculture in the early 20th century to a service-based economy today. It highlights trade openness, foreign investment growth, and the shift in sectoral contributions to GDP. Divided into seven chapters, the book covers: Definitions and types of crises. Characteristics of the Jordanian economy. Historical crises (1921–2022). Case studies of economic shocks. Policy responses and mitigation strategies. Future plans to avoid crises. Conclusions and recommendations. Using historical analysis, data, and case studies, the author identifies the causes and effects of crises, extracts lessons from past experiences, and proposes strategies for strengthening resilience and ensuring sustainable growth in Jordan’s economy.
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15.00JOD