Perception, petroleum, and power: Mythmaking in oil-scarce Turkey and Jordan

Ediger, Volkan Ş.; Selen, Eser; Bowlus, John V.

doi:10.1016/j.erss.2020.101499

Cited by 2 publications

(3 citation statements)

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“…Jordan heavily relies on imports for its oil needs, The majority of its supplies (97.4%) are derived from fossil fuels, making it reliant on imports (96.7%). Jordan has pursued oil exploration and production activities in order to close this gap, alleviate fiscal pressure, and reduce volatility (Ediger et al, 2020). Jordan typically brings 2.5 million barrels every month on average from Saudi Arabia and small amounts by truck from Iraq (Ediger et al, 2020).…”

Section: Importsmentioning

confidence: 99%

“…Jordan has pursued oil exploration and production activities in order to close this gap, alleviate fiscal pressure, and reduce volatility (Ediger et al, 2020). Jordan typically brings 2.5 million barrels every month on average from Saudi Arabia and small amounts by truck from Iraq (Ediger et al, 2020). Additionally, Jordan imports 94% of its oil and gas (fossil fuels) to meet its energy needs, making it vulnerable to fuel price fluctuations.…”

Section: Importsmentioning

confidence: 99%

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Short-and Long-run Influence of COVID-19 on Jordan's Economy

Istaiteyeh

2023

Advances in Management and Applied Economics

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Global economic growth projections have been revised downward in the wake of the COVID-19 pandemic. This adjustment mirrors a substantial global economic decline brought about by COVID-19-induced lockdowns, which greatly restricted labor force movement and disrupted international trade, with Jordan aligning itself with this downward trend. This report provides a comprehensive sector-specific assessment of the COVID-19 impacts on the Jordanian economy, drawing on Jordanian official reports, various news sources, and expert opinions. Jordan's battle with COVID-19 extends beyond public health, encompassing significant economic challenges, with the ongoing economic struggle potentially proving more formidable than the health crisis. Therefore, Jordan's primary focus should be on establishing a precisely targeted social safety net, given the pandemic's highlighting of widespread informality in employment across the Middle East and North Africa region, as it navigates its path to economic recovery. JEL classification numbers: I, I15. Keywords: COVID-19, Economic influence, Jordan, Microeconomics, Macroeconomics

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Section: Importsmentioning

confidence: 99%

Section: Importsmentioning

confidence: 99%

Short-and Long-run Influence of COVID-19 on Jordan's Economy

Istaiteyeh

2023

Advances in Management and Applied Economics

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“…Oil conditions to a great extent the fortune of the countries that exploit it as a resource. Those states that produce oil in exportable quantities on a worldwide scale tend to be more powerful than those who do not (Ediger, Selen & Bowlus, 2020). However, there are nuances to this fact and in terms of countries and their relationship to oil, we can identify two large groups: on the one hand, industrialized countries with high levels of consumption of hydrocarbons and thus a highly sophisticated chemical and petrochemical industry; and on the other, developing countries that depend on the income generated by crude oil exports.…”

Section: Social Dimensionmentioning

confidence: 99%

Oil and its influence on the creation of a sustainable society: A systematic literature review

Escobar

Escobar²

2022

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The aim of this work is to analyze the petroleum industry from the perspective of sustainability, taking into account its three dimensions: economic, environmental and social. Likewise, the objective is to identify and propose factors of sustainability, in other words, categories or subdivisions that allow us to analyze in greater detail the interactions and the effects of this industry on society, which must be evaluated in each of the three dimensions for the oil sector.Design/methodology: This research was carried out by means of a systematic review of the literature, with a qualitative focus of an analytic/interpretive nature. A four-phase protocol was used for the search, using the guidelines of the PRISMA statement as a reference. This protocol describes the article selection criteria, search strategy, data extraction and procedures and tools used for the analysis. Findings:The review reveals the need to establish a consensus on the sustainability factors that must be evaluated in each of the dimensions within the oil sector, given that the results of the search show that there is no clear definition or correlation with regard to the environmental, social and economic impact in the oil-producing regions. Most of the works identified were designed as case studies and a large majority of the results of the studies are contradictory, even showing adverse effects, while others fail to identify any hazards.Originality/value: The most relevant contribution of this work is related to the identification of specific sustainability factors for the oil industry, which make it possible to conduct a comprehensive analysis of their influence on the three dimensions of sustainability, namely economic development, environmental aspects and social aspects. This classification according to factors is important in order to provide a cross-cutting conceptual framework that is applicable to any region or situation where the problems are being analyzed that derive from oil exploitation.

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Perception, petroleum, and power: Mythmaking in oil-scarce Turkey and Jordan

Cited by 2 publications

References 30 publications

Short-and Long-run Influence of COVID-19 on Jordan's Economy

Short-and Long-run Influence of COVID-19 on Jordan's Economy

Oil and its influence on the creation of a sustainable society: A systematic literature review

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