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The Report: Jordan 2011
Oxford Business Group, Jan 2011
Long an anchor of stability in a troubled region, Jordan’s economy is built on a youthful demographic profile and a strong education system. Despite the lack of traditional hydrocarbons, the country benefits from substantial deposits of oil shale, uranium, phosphate and potash, and has recently been making investments in renewable energy. Jordan has seen relatively little of the turmoil associated with the Arab Spring of 2011. Although there have been some protests, the government has taken steps to address citizens’ concerns, with King Abdullah II dismissing his cabinet in February 2011. The country has maintained good relations with both its neighbors and the West. Its bid to join the GCC demonstrates its diplomatic strength, and will likely give the economy a welcome fillip.
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