Jordan Business Magazine

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Kingdom To Kingdom

By the shores of Tangier, where the

Mediterranean meets the Atlantic, the

annual MEDays forum was held in November

for the fourth year in a row. Bringing

together speakers, policymakers and stra-

tegists, the forum is considered a global

meeting aimed at tackling the core issues

of the southern states of the Mediterranean,

and more specifically the Maghreb region.

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How To Ruin A Country By “Cleaning” It Up?

It is a tested truth that poor governance

and corruption retard economic growth and

particularly hurt the poor. Though the

exact pervasiveness of corruption differs

from one country to another, its definition

is clear cut: corruption is a process that

allows domestic elites, from both the public

and private sectors, to steer policies and

laws to their own advantage, at the expense

of others.

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Made In Jordan

The apparel industry in Jordan took

form in earnest after the ratification

of the Qualifying Industrial Zones (QIZ)

agreement in 1997,itself an offshoot of

the 1994 peace treaty with Israel, and

later the Jordan- US Free Trade Agreement

in 2001. In just seven years, from 1998

to 2005, Jordan’s exports swelled 80 times

to a whopping $1.3 billion. Presently,

apparel dominates Jordan’s exports to the

US,accounting for over 80% of the total,

at a value of around $1 billion.

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Taking A Detour

When one thinks of Jordan as a vacation

destination, its most glaring sites of

attraction immediately come to mind. From

the hidden treasure that is Petra and

the ancient Roman ruins of Jerash to

floating on the waters of the Dead Sea,

the posters that hang from the walls

of travel agencies around the world

are the Kingdom’s most common and

conventional marketable sites.

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Resolving The Reform Paradox

For nearly a decade, democratic advocates
have watched the same sad drama play out
with depressing regularity. The Jordanian
prime minister, having failed to achieve an
ambitious list of economic and political
reforms, loses his job under popular fire.

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