The share of financial services in Jordan economy
Author
Source
University of Taiz Research Journal : Arts Applied Sciences and Humanities Series
Issue
Vol. 2007, Issue 10 (31 Dec. 2007), pp.378-399, 22 p.
Publisher
Publication Date
2007-12-31
Country of Publication
Yemen
No. of Pages
22
Main Subjects
Economy and Commerce
Financial and Accounting Sciences
Topics
Abstract EN
An increasing Share of financial services in Jordan economy emerged strongly since the start of the fourth quarter of the last century.
Services share of GDP increased from 54.
5 % to 69.
9 % between 1975 and 2000.
In the same period financial services increased from 11.
1% to 20.
6 %, while the share of services of the labor force increased from 64.
7 % in 1975 to 69.
4 % in 1999.
Because of the importance of financial services in terms of their increasing productivity and well being of workers, we investigated the sectoral distribution of Jordan GDP during the period aforementioned; using the central bank published data.
The results were consistent with these of the other countries, even the industrial ones, showing the strong share of services in which Jordan has a relative advantage, such as health services and higher education services.
Financial and tourism sectors should be given special attention to compete in today’s world of WTO.
Services could be the rewarding and promising sector in Jordan.
The Share of Financial Services in Jordan Economy
American Psychological Association (APA)
Maqabilah, Ali Husayn. 2007. The share of financial services in Jordan economy. University of Taiz Research Journal : Arts Applied Sciences and Humanities Series،Vol. 2007, no. 10, pp.378-399.
https://search.emarefa.net/detail/BIM-344875
Modern Language Association (MLA)
Maqabilah, Ali Husayn. The share of financial services in Jordan economy. University of Taiz Research Journal : Arts Applied Sciences and Humanities Series No. 10 (2007), pp.378-399.
https://search.emarefa.net/detail/BIM-344875
American Medical Association (AMA)
Maqabilah, Ali Husayn. The share of financial services in Jordan economy. University of Taiz Research Journal : Arts Applied Sciences and Humanities Series. 2007. Vol. 2007, no. 10, pp.378-399.
https://search.emarefa.net/detail/BIM-344875
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 398-399
Record ID
BIM-344875