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JSPES, Vol. 44, No. 1-2 (Spring-Summer 2019)
pp. 92-109

Foreign Direct Investment and Economic Growth in Jordan  

Sabah Nouri Al-Mihyawi
Institute of Administration Rusafa
Middle Technical University
Baghdad, Iraq

Jordan has adopted various policies to attract foreign direct investment in light of the country’s urgent need to increase economic resources, thus providing many investment opportunities for foreign investors. There is no doubt that foreign direct investment contributes to the increase of economic growth rates, and this has been the conclusion reached by most studies that dealt with this subject. This paper focuses on the impact of foreign direct investment on economic growth in Jordan for the period from 2000 to 2017. Using the EViews program and relying on a set of macroeconomic variables and using the standard analytical approach, the study aims to identify the impact of foreign direct investment on economic growth. The study found a positive impact of foreign investment on economic growth. Based on this result, the ultimate goal of the Jordanian government is to seek to attract more foreign direct investment to increase the rate of economic growth.