Macroeconomic and Competitiveness in Jordan

Abstract

The main hypothesis examined in this paper that exogenous shocks including financial crisis and regional stability has worsened Jordan competitiveness and doing business. The analysis indicated that macroeconomic indicators during the period 2000-2009 were stable an improving this accompanied by a more competitive economy and most of the doing business indictors were improving. However, when the Jordanian economy was hit by sever exogenous shock the Jordanian economy competitiveness declined and worsened.