Publication:
Jordan Economic Monitor, Fall 2023 - Building Success, Breaking Barriers: Unlocking the Economic Power of Women in Jordan

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dc.contributor.authorWorld Bank
dc.date.accessioned2023-12-21T14:47:15Z
dc.date.available2023-12-21T14:47:15Z
dc.date.issued2023-12-21
dc.description.abstractJordan’s real growth registered 2.4 percent in 2022 and has accelerated to 2.7 percent in H1-2023, compared to a pre-COVID-19 (2012-2019) average of 2.4 percent. Growth was supported by the services sector, agriculture sector, in addition to a robust contribution from agriculture. Inflation decelerated significantly in 2023, supported by favorable base effect, monetary policy tightening and lower global commodity prices. External imbalances have narrowed, supported by a string recovery in tourism activity and travel receipts. Central government fiscal balance was supported by economic growth and revenue-enhancing reforms, whereas total expenditure grew at a slower pace. Despite these positive developments, entrenched structural constraints weigh on labor market outcomes, as labor force participation continues its gradual decline driven by a fall in both male and female participation. Jordanian female labor participation remains among the lowest in the world. Debt-to-GDP ratios continues to rise from already elevated levels with persisting pressures from the electricity and water sectors. The global and regional environments remain challenging. In particular, the conflict in the Middle East has the potential for material economic spillovers on the Jordanian economy, including through its impact on tourism activity. The “In Focus” section highlights the role of women and their increased economic participation as central to Jordan’s development agenda. The piece takes a life cycle approach and follows the journey of girls and women from birth through education and into the labor market. It sheds light on two of the main barriers to women’s increased participation in the economy: childcare and public transportation. A comprehensive institutional renovation, together with enabling policies and a clear signal regarding the role of women, are all crucial in removing barriers and facilitate the integration of women into the labor force.en
dc.identifierhttp://documents.worldbank.org/curated/en/099603312182322486/IDU0056e275100e7a04ea1088b00c4b24ebf37c8
dc.identifier.doi10.1596/40786
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/40786
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectWOMEN'S ECONOMIC POWER
dc.subjectLABOR MARKET
dc.subjectFISCAL DEVELOPMENTS
dc.subjectDEBT
dc.subjectMONETARY POLICY
dc.subjectINFLATION
dc.titleJordan Economic Monitor, Fall 2023 - Building Success, Breaking Barriersen
dc.title.subtitleUnlocking the Economic Power of Women in Jordanen
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleJordan Economic Monitor, Fall 2023 - Building Success, Breaking Barriers: Unlocking the Economic Power of Women in Jordan
okr.date.disclosure2023-12-21
okr.date.lastmodified2023-12-19T00:00:00Zen
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.docurlhttp://documents.worldbank.org/curated/en/099603312182322486/IDU0056e275100e7a04ea1088b00c4b24ebf37c8
okr.guid099631312202314047
okr.guid099603312182322486
okr.guid099610012182378203
okr.identifier.docmidIDU-056e2751-0e7a-4ea1-88b0-c4b24ebf37c8
okr.identifier.doihttp://dx.doi.org/10.1596/40786
okr.identifier.doihttps://doi.org/10.1596/40786
okr.identifier.externaldocumentum34218805
okr.identifier.internaldocumentum34218805
okr.identifier.report186520
okr.import.id2669
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099603312182322486/pdf/IDU0056e275100e7a04ea1088b00c4b24ebf37c8.pdfen
okr.region.administrativeMiddle East and North Africa
okr.region.countryJordan
okr.topicGender::Gender and Development
okr.topicMacroeconomics and Economic Growth::Inflation
okr.topicSocial Protections and Labor::Labor Markets
okr.unitEFI-MNA-Regional Director (EMNDR)
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