Historical experience suggests that improving employment and working conditions is not achievable without structural transformations in the economy. Through these transformations, surplus labor in informal sectors and activities can be moved to…
This study investigates the impact of monetary and fiscal policies on the balance of payments (BoP) in Jordan. Through a robust econometric model, it explores the influence of key independent variables such as domestic credit, money supply, consumer…
The banking sector efficiently reallocates financial resources in the economy. Based on this firm belief, it is clear that the economic sectors need capital to grow the economy, and Jordan needs to get rid of its accumulated economic problems.…
This research paper explores the dynamic relationship between trade openness, financial development, and economic growth in Lesotho. The study utilizes quarterly time series data spanning from 1970 to 2021, obtained from the Central Bank of Lesotho.…
This study examines the Effect of Public Debt on the twin deficits using the threshold time series model of the Jordanian economy from 1980-2020. The independent variables were relied upon: private saving, production gap, economic growth, trade…
Government subsidies have been used as a policy tool by many countries. Given the importance of government subsidies in the context of Chinese economy and state-owned enterprises (SOEs), this study seeks to understand the role played by government…
Rising geopolitical and geoeconomic tensions among major trade powers are undermining the rules-based multilateral trade order. China, the EU, and the US – the three WTO members with the largest global trade shares – play a critical role in keeping…
Trade facilitation by way of simplifying trade procedures has long been worked by various international organizations. After the World Trade Organization reached its Trade Facilitation Agreement (TFA), enforcing the agreed-upon trade facilitation…