Feb 28, 2011

Jordan: King Abdullah tries to get ahead of the crisis

Investments to watch: SPDR S&P Emerging Middle East & Africa ETF (GAF)

Style of government: Constitutional monarchy, incorporating limited democracy.

Inflation: Jordanian inflation up 6.1% year-over-year in December, 1.2% month-over-month.

Unemployment: Around 14%.

Social media: 38-39% of Jordanians have internet access.

Conclusion: Jordan is already experiencing protests related to these factors. The government is responding by providing food and fuel subsidies. King Abdullah has sacked his government and appointed a new one with reforms priority number one. Whether the government moves fast enough to implement these reforms will be the deciding factor in the future size of protests and threat to the regime.


Published by:
11th Feb, 2011

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