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Amman —

From a Challenge-Based Economy to an Opportunity-Based Economy

When the gap widens between those who have opportunities and those living on the margins, the crisis has moved beyond the pages of economic ledgers and begun to sound the alarm in the hearts of citizens.

The economic situation in Jordan may be of an exceptional nature due to structural challenges resulting from successive regional political crises, where the shocks of war intersect with crises of water scarcity, energy security, and declining job opportunities.

Consequently, dealing with the economic file has moved beyond the framework of reform and treatment, and now requires a broader vision that includes establishing regional and international strategic partnerships.

Jordan's geographical and political location imposes a bright reality: it cannot isolate its economy from its regional and international surroundings.

The path between geography and economic influence has a powerful effect on transforming this location into an integrated economic system capable of facilitating business and enhancing the attractiveness of the economy.

The path of economic reform in Jordan must be based on integrated and vital tracks, starting with developing infrastructure and enhancing the business environment, and extending to updating legislation and enhancing the efficiency of transport, energy, and communications networks, thereby increasing Jordan's ability to utilize its geographical location and transform it from a mere location into a sustainable economic and strategic value.

Regional economic integration may be one of the most important investment paths, provided it does not stop at the exchange of goods, but extends to joint manufacturing, value chains, and integrated supply with brotherly countries in Iraq, Egypt, and the Gulf states, so that Jordan becomes an active part of the production, transport, and services cycle rather than just a transient consumer market.

Attracting regional companies generates decent and sustainable job opportunities for the nation's youth, which will enhance the national economy's ability to rely on itself.

Following this comes the activation of international agreements, particularly with the European Union and Asian partners, led by China and India, in a way that transcends the limits of traditional cooperation into qualitative investments that transfer knowledge and expertise, and open the way for Jordanian skills to acquire more advanced experiences and capabilities in technology and the digital economy. In return, foreign investments should be linked to a clear economic responsibility toward the local community by establishing frameworks and standards that incentivize investors to hire, train, and qualify Jordanians for high-quality jobs, so that investment is not merely a flow of capital, but a project for building, creating job opportunities, and enhancing the ability to produce and compete.

For growth, no matter how much it increases, loses its true meaning if it does not reflect directly on the life of the simple citizen in all governorates and villages.

Thus, the real bet for Jordan is to build an economy that invests in people, transforms its geographical location into an economic advantage, and turns its partnerships into sustainable opportunities. This is an equation that clearly embodies the royal vision held by His Majesty King Abdullah II and His Royal Highness Crown Prince Al Hussein for a more innovative and competitive Jordanian future.

The equation imposed by today's reality is clear and does not accept hesitation or delay: a productive and strong Jordanian economy, more flexible in absorbing shocks, and more capable of protecting social stability and promoting justice in the distribution of development gains; along with smart, well-studied, and sustainable partnerships, conscious regional integration, and bold and effective economic diplomacy.

a.altaher@meu.edu.jo

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