24 Hrs
Source:
المقر
Global Competitiveness and Economic Modernization
The article focuses on assessing Jordan's progress in global competitiveness indicators within the framework of the Economic Modernization Vision 2022-2033. Despite improvements in Jordan's ranking in areas such as business efficiency (up by 20 positions), innovation, and digital government, actual economic performance remains lagging, with the country ranked 67th out of 70 nations in economic performance and facing an unemployment rate of 21.2%. This reflects a gap between institutional reforms and tangible results in citizens' lives and emphasizes the need to translate competitiveness advancements into actual investment and employment that improve living standards. It also draws attention to changes in international measurement systems, which have weakened their ability to accurately gauge true progress. The article proposes a roadmap focused on linking reforms to direct economic outcomes, particularly through large-scale infrastructure projects and investments in human capital, to boost growth, employment, and achieve the goals of the vision.
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