In February 2016, as the Syria refugee crisis started to peak, the international community held a conference in London to discuss a joint response to the crisis: It heralded a decisive paradigm shift in European development cooperation, away from short-term emergency aid to long-term strengthening of initial host country resilience. A core outcome of the conference was the Jordan Compact — an agreement between Jordan, the European Union, and the World Bank. This study aims to give an overview on Jordan’s economy and to reflect on the progress of the Compact implementation two years on.