September 5, 2025International Journal For Multidisciplinary ResearchOpen Access

Determinants of Current Account Balance amongst the East African Community Countries: Empirical Evidence from Dynamic Panels Estimation Techniques

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ABAriana BárbaraBank of England

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Implication

Empirical analysis shows macroeconomic and institutional factors influence current account balance in East Africa, indicating the need for policy diversification.

Key Points

Macroeconomic factors such as labour force and external debt contribute to current account surplus.
Long run influences include inflation and money supply, which lead to current account deficit.
Political stability enhances current account surplus, while control of corruption adversely affects it.
Diversification policies aimed at boosting the manufacturing sector are essential for economic growth.

Cite This Study

Ariana Bárbara (2025) studied this question.

synapsesocial.com/papers/68c23966b210217d6477bcc1 https://doi.org/10.36948/ijfmr.2025.v07i04.53608

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Implication

Empirical analysis shows macroeconomic and institutional factors influence current account balance in East Africa, indicating the need for policy diversification.

Determinants of Current Account Balance amongst the East African Community Countries: Empirical Evidence from Dynamic Panels Estimation Techniques

Discussion

Member takes

Implication

Key Points

Cite This Study

Determinants of Current Account Balance amongst the East African Community Countries: Empirical Evidence from Dynamic Panels Estimation Techniques

Discussion

Member takes

Implication

Key Points

Cite This Study

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