Jordan's Current Account Deficit Threatens Economic Stability, Urgent Policy Changes Needed.
The article analyzes what factors affect Jordan's current account balance from 1995 to 2018. They used different methods to study this, like looking at the relationship between the deficit and economic factors. The results show that Jordan's current account deficit is influenced by things like the budget deficit, private savings, trade exposure rate, real exchange rate, investment, and GDP growth. The study suggests that Jordan's deficit is mainly due to negative budget and trade balances. To improve this, they recommend strategies like boosting exports, controlling spending, reducing debt, and supporting different industries.