PESTLE ANALYSIS ON COUNTRY “ JORDAN”

PRESENTED BY :-VISHAL SATISH SONAWANE

ROLL NO-30

Geography:-Area: 89,342 sq. km. (34,495 sq. mi.).Cities: Capital--Amman (pop. 2.5 million). Other cities--az-Zarqa (472,830), Irbid (272,681), al-'Aqaba (107,115).

Introduction:- Jordan was founded in 1921, and it was recognized by the League of Nations as a state under the British mandate in 1922 known as The Emirate of Transjordan. In 1946, Jordan became an independent sovereign state officially known as the Hashemite Kingdom of Jordan. The kingdom is named after the River Jordan

Coat of arms of JordanNational Flag

• Head of State: His Majesty King Abdullah II Bin al-HusseinPrime Minister: Awn Shwkat (since Oct 24 2011)Foreign Minister: Nasser Judeh

PESTLE ANALYSIS

POLITICAL ANALYSISGovernment of Jordan:-• The Hashemite Kingdom of Jordan is a constitutional monarchy with an

appointed government. The reigning monarch is the chief executive and the commander-in-chief of the armed forces. The king exercises his executive authority through the prime ministers and the Council of Ministers, or cabinet.

Parliament of Jordan:-• The Parliament consists of two Chambers: The Chamber of Deputies and the

Senate. The Senate has 60 Senators, all of whom are directly appointed by the King, while the Chamber of Deputies/House of Representatives has 120 elected members representing 12 constituencies.

• The reforms of 1989 legalized political parties and opposition movements. The result is over 30 political parties, but the only political party that plays a role in the legislature is the Islamic Action Front (IAF). Political parties can be seen to represent four sections: Islamists, leftists, Arab nationalists and liberals.

ECONOMICAL ANALYSIS >Nominal GDP : $21.92 billion.

>Annual real growth rate : 3.2%.>Per capita GDP : $4,700.>Natural resources: Phosphate, potash.>Agriculture (3.01% of GDP ): Products--citrus, tomatoes, cucumbers, olives, sheep,poultry, stone fruits, strawberries, melons, dairy.

>Industry (15.95% of GDP ): Types--clothing, phosphate mining, fertilizers, pharmaceuticals, petroleum refining, cement, potash, inorganic chemicals, and light manufacturing.>Trade: Exports --$7.54 billion: garments, fertilizers, potash, phosphates, pharmaceutical products and vegetables. Major markets--India, U.S., Iraq, Saudi Arabia, EU, U.A.E., Syria, Israel.

Imports --$16.12 billion: crude petroleum and derivatives, machinery and equipment, vehicles, iron, and cereals. Major suppliers--Saudi Arabia (mainly crude oil and derivatives), EU, China, U.S., Egypt, South Korea, Japan, Turkey.

• The official currency of Jordan is the Jordanian dinar and divides into 100 qirsh (also called piastres) or 1000 fils.

• 1 US dollar = 0.709 dinar, which translates to approximately 1 dinar = 1.41044 dollars. The Central Bank buys US dollars at 0.708 dinar, and sell US dollars at 0.7125 dinar

SOCIO-CULTURAL ANALYSIS

Religion in Jordan•Sunni Muslims  92%•Christian  6%•Other 2%

LanguageThe official language is Arabic. English, though without an

official status, is widely spoken throughout the country and is the de facto language of commerce and banking, as well as a co-official status in the education sector. The spoken language is Jordanian Arabic.

Technological Analysis

• In the 2007 A.T. Kearney Globalization Index, Jordan was ranked as the 9th most globalized nation in the world. The 2010 AOF Index of Globalization ranked Jordan as the most globalized country in the Middle East and North Africa region.

• Jordan ranked as the 9th best outsourcing destination worldwide. Amman was ranked as one of the "Top 10 Aspirants", cities in this ranking have a good chance in making the top 50 outsourcing cities in the next ranking. The report said that Jordan had one of the region's most favourable business climates, a well-educated population, solid capabilities in the ICT industry.

• Defense industry• Jordan is a recent entrant to the domestic defense

industry with the establishment of King Abdullah Design and Development Bureau (KADDB) in 1999. The defense industrial initiative is intended to jumpstart industrialization across a range of sectors.

• Medical tourism• Jordan has been a medical tourism destination in the

Middle East . 2,50,000 patients from 102 countries received treatment in the kingdom in 2010.

Legal analysis

• Jordan's legal system is based on French code law system via the Egyptian civil laws while Islamic law is limited to civic status legislation for Muslims. Religious minority civic status is regulated by respective religious courts. Judicial review of legislative acts occurs in a special High Tribunal. It has not accepted International Court of Justice jurisdiction.

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