ABSTRACT

This chapter provides an outline sketch of future directives, to enhance and strengthen the development process in transforming the Jordanian economy. It explicit concern with regard to what lies ahead for overall economic management of the country. Any such futurology depends upon ingredients from the past and interpretations of the future. Jordan's future depends upon past data, present expectations and future achievements. One striking issue with regard to the economic development process is that Jordan, like many of its counterparts, has been unable to benefit from any one single theory that could provide the 'golden key' to economic development. The first five-year development plan, as well as the implementation of the second five-year plan, thereby enabling Jordan, once again, to resume its economic and social momentum. As a result, economic issues in Jordan can never be understood, let alone be tackled, out of the context of the world economy within the international political, financial, administrative and trade arenas.