World Bank Group World Bank Group
In Partnership with Republic of Korea Ministry of Strategy and Finance

Developing Micro, Small and Medium Enterprises in Jordan : The Route to Shared Prosperity

Developing Micro, Small and Medium Enterprises in Jordan : The Route to Shared Prosperity
The Arab uprisings and the global financial and economic slowdown have negatively impacted the Jordanian economy and highlighted demands for a more level economic playing field and equity in access to economic and social opportunities. Already challenged in providing jobs to the more than 60,000 youth who enter the labor market annually, Jordan has seen unemployment rising. Youth and women were most affected, with unemployment, reaching 22.8 percent and 22.3 percent, respectively. Moreover, regional disparities continue to pose additional challenges. Limited private sector jobs are available in the outlying governorates, where employment relies largely on the civil service and other public sector jobs. At the same time, the private sector is hampered by difficulties in the business environment and inadequate access to finance.
  • Learning Mode: 
    Knowledge Note
  • Topics: Financial Sector Development, Financial Inclusion, MSME Finance
  • Regions: 
    Middle East and North Africa
  • GP: 
    Small & medium enterprise finance, Governance, Social Protection & Jobs
  • Keywords: 
    MSE, Economic Growth, Private Sector, Jordan, SMSEs, Economic Growth, economic prosperity, MSME, MSMEs, economic productivity, Finance, Access to Finance, Financial Services, financial intermediation, Banking, GDP, Private Sector, credit, MSME Strategy, regulatory reforms
  • Language: 
    English

Presenter Info

Sahar Nasr
Yara El Abd

Resources

http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/08/14/000445729_20130814124116/Rendered/PDF/802420BRI0Deve0Box0379802B00PUBLIC0.pdf

Printed on:29 June 2022 - 03:21 PM