ASSESSING THE ECONOMIC DIMENSIONS OF JORDAN'S PRIVATIZATION POLICY

Аннотация

This study examines the economic dimensions of Jordan's privatization policy, focusing on its impacts on economic growth, efficiency, and public sector development. Privatization has been a key component of Jordan’s economic reform agenda, aimed at reducing government involvement in commercial activities and enhancing the role of the private sector. Through a mixed-methods approach, combining quantitative data analysis with qualitative insights from policy experts and stakeholders, this research assesses the outcomes of privatization initiatives implemented since the 1990s. The findings reveal that while privatization has contributed to increased foreign investment and improved performance in some sectors, it has also led to challenges such as social inequality, unemployment, and regulatory gaps. The study highlights the need for a balanced approach to privatization, one that aligns with broader economic and social objectives. It concludes with policy recommendations to optimize the benefits of privatization while mitigating its adverse effects on vulnerable populations. KEYWORDS Privatization, Economic policy, Jordan, Economic growth, Public sector reform, Private sector development, Foreign investment, Economic efficiency, Social inequality, Employment, Regulatory framework, Economic reform, Mixed- methods analysis, Policy recommendations.