Business as Usual: Economic Reforms in Jordan
Since the Jordanian State's establishment in 1921, Jordan's economy has predominantly relied on the financial support of other countries. Such external funding, known as 'rent,' was especially abundant between 1973 and 1989 when Jordan enjoyed an influx of petrodollars from the Gulf states. However, during the mid 1980's, sharply falling oil prices coupled with a cut off of Jordan's credit in world markets, created a budgetary crisis that severely threatened Jordan's distributive political...
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Katherine Blue Carroll explores the dynamic link between Jordan's business community and the state between 1983 and 2000.
AcknowledgmentsAbbreviations1Introduction12The History of State-Business Relations in Jordan253"Silver Bullets"574The Failure of Policy Change795Transjordanians and Palestinians1076Business and Parliament1257Jordan's Business Associations1518Access to Policymaking1779Bureaucratic Reform20310Assistance with Adjustment and Competitiveness23511Conclusion265App. 1285App. 2287App. 3289App. 4291Bibliography293Interviews309Index313About the Author317
\ Peter GubserJordan, as manifested by its joining the World Trade Organization and signing the Free Trade Agreement with the United States, obviously wishes to change, to evolve economically. Dr. Katherine Carroll's Business as Usual: Economic Reform in Jordan admirably and cogently describes why and how Jordan is attempting to realize this transformation. . . . Carroll's book should be required reading for development and international financial experts, academics, and the those with a general interest in Jordan\ \
