Is Jordan a developing or developed country?

Aiden Wilson | 2018-06-14 15:30:53 | page views:1959
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Zoe Martin

Studied at the University of Oxford, Lives in Oxford, UK.
As a subject matter expert in international economics and development, I have a deep understanding of the various metrics used to classify countries based on their level of economic development. The distinction between developed and developing countries is not always clear-cut and can be based on several factors, including but not limited to economic indicators such as GDP per capita, industrialization, standard of living, and social indicators like education and healthcare access. When considering Jordan, it is important to look at a range of indicators to determine its status. The country has been classified as a developing nation by many international organizations due to several factors, including its relatively small economy, low per capita income, and high unemployment rate. These are all key indicators that are commonly used to assess the level of development of a country. Economy and GDP per capita: Jordan's economy is relatively small compared to global standards. The GDP per capita, which is a measure of the average economic output per person, is also indicative of a developing country. A lower GDP per capita often suggests that the majority of the population does not enjoy a high standard of living. Unemployment Rate: High unemployment is another characteristic commonly associated with developing countries. In Jordan, the unemployment rate has been a persistent issue, which can be attributed to various factors including limited job opportunities and a growing population. Open Economy: Despite being a developing country, Jordan has an open economy, which means it actively participates in international trade. This openness can lead to economic growth and development over time, but it can also expose the country to external shocks and global economic fluctuations. Agriculture: The agricultural sector in Jordan is prone to natural disasters, primarily due to cyclic droughts and unpredictable frosts. This vulnerability can have a significant impact on the country's food security and the livelihoods of those who depend on farming. The reliance on rain-fed agriculture and the limited availability of arable land are further challenges that Jordan faces. Industrialization and Diversification: A key aspect of developed countries is a high level of industrialization and economic diversification. Jordan, while making strides in certain sectors, still has a way to go in achieving the level of industrialization and economic diversity seen in more developed nations. Social Indicators: Access to quality education, healthcare, and other social services is another important factor in determining a country's level of development. While Jordan has made progress in these areas, there is still room for improvement, particularly in rural and underserved regions. In conclusion, based on the current economic and social indicators, Jordan is classified as a developing country. However, it is important to recognize that development is a dynamic process, and with the right policies and international support, countries can make significant strides in their development journey.

Benjamin Patel

Works at the International Telecommunication Union, Lives in Geneva, Switzerland.
Jordan is a developing country with a relatively small economy and of a low per capita income and high unemployment rate. Jordan is an open economy; Agriculture in Jordan is natural disaster prone, mainly due to cyclic droughts and unpredictable frosts.Apr 3, 2001

Julian Perez

QuesHub.com delivers expert answers and knowledge to you.
Jordan is a developing country with a relatively small economy and of a low per capita income and high unemployment rate. Jordan is an open economy; Agriculture in Jordan is natural disaster prone, mainly due to cyclic droughts and unpredictable frosts.Apr 3, 2001
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