This analysis investigates how economic integration influences sustainable development in East Africa, suggesting essential policy changes.
Key Points
Economic integration positively impacts sustainable economic growth in East Africa, driven by GDP, exports, and FDI inflows.
Short-run ARDL model indicates real GDP, exports, and FDI significantly boost economic development, while foreign debt and imports have a negative effect.
Study employs autoregressive distributive lag (ARDL) analysis to estimate both short- and long-run coefficients in East African economies.
Implementation of policies that limit debt and enhance exports is crucial for sustainable growth in the region.
Cite This Study
Корчагина Елена Викторовна (2025) studied this question.