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Middle East and Central Asia > Jordan

You are looking at 1 - 4 of 4 items for :

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Cover Departmental Papers
Opportunity for All: Promoting Growth and Inclusiveness in the Middle East and North Africa
Miss Catriona Purfield
,
Mr. Harald Finger
,
Mrs. Karen Ongley
,
Mr. Benedicte Baduel
,
Carolina Castellanos
,
Ms. Gaelle Pierre
,
Vahram Stepanyan
, and
Mr. Erik Roos
This publication brings together a set of IMF papers that prepared as backgrounds for the various sessions of the conference and will help put into broader dissemination channels the results of this important conference. An official IMF publication is well disseminated into academic and institutional libraries and book channels. The IMF metadata will also make the conference papers more discoverable online.
Keywords:
DPPP; DP; private sector; IMF staff calculation; labor market; job creation; labor force; personal income; unemployment rate; Women; Inclusive growth; Global; Middle East; North Africa; Sub-Saharan Africa; East Africa
Cover IMF Working Papers
Business Cycles and Workers' Remittances: How Do Migrant Workers Respond to Cyclical Movements of GDP At Home?
Mr. Serdar Sayan
Workers' remittances are often argued to have a tendency to move countercyclically with the GDP in recipient countries since migrant workers are expected to remit more during down cycles of economic activity back home. Yet, how much to remit is a complex decision involving other factors, and different variables driving remittance behavior are differently affected by the state of economic activity over the business cycle. This paper investigates the behavior of workers' remittances flows into 12 developing countries over their respective business cycles during 1976-2003 and finds that countercyclicality of receipts is not commonly observed across these countries.
Keywords:
WP; remittance; role remittances play; remittance behavior; spending; workers’ remittances; business cycles; consumption vs. investment motive; remittance receipt; remittances cycle; remittances series; workers' remittance; Bangladesh's remittances receipt; remittance flow; Remittances; Migrant labor; Income; Procyclicality; Africa; Middle East
Cover IMF Working Papers
Estimating Indexes of Coincident and Leading Indicators: An Application to Jordan
Mr. Joannes Mongardini
and
Tahsin Saadi Sedik
The analysis of coincident and leading indicators can help policymakers gauge the short-term direction of economic activity. While such analysis is well established in advanced economies, it has received relatively little attention in many emerging market and developing economies, reflecting in part the lack of sufficient historical data to determine the reliability of these indicators. This paper presents an econometric approach to deriving composite indexes of coincident and leading indicators for a small open economy, Jordan. The results show that, even with limited monthly observations, it is possible to establish meaningful economic and statistically significant relations between indicators from different sectors of the economy and the present and future direction of economic activity.
Keywords:
WP; leading indicator; economic activity; composite index; Jordan; coincident indicators; leading indicators; Jordanian dinar; composite index of leading economic indicators; confidence interval; adjusted leading indicators; OECD methodology; composite indexes of coincident and leading economic indicators; leading indicators of economic activity; share price; Cyclical indicators; Business cycles; Industrial production; Emerging and frontier financial markets; Production index; Global
Cover IMF Working Papers
Growth, Investment, and Savings in the Arab Economies
Amer Bisat
Sustaining a high rate of economic growth is the major policy issue facing the Arab economies. A detailed analysis of growth, investment, and savings for the period 1971-96, including through a growth accounting exercise, shows that increasing long-run growth requires improvements in both investment and domestic savings. In the past, the Arab region’s growth was overly reliant on volatile external sources of funding, and total factor productivity growth was too low. The paper discusses the policy priorities to overcome the legacy of poor growth.
Keywords:
WP; TFP growth; capital share; TFP measure; savings-investment balance; investment performance; Growth; Investment; Savings; Growth Accounting; Arab; Middle East and North Africa; sound investment decision; private sector investment; Total factor productivity; Domestic savings; East Asia