Measuring the sustainability of the current account deficit of the Egyptian balance of payments using artificial neural network technology

Shehab, Mohamed Abd El Hamid Mohamed; Tony, Mahmoud Abd El Aziz

doi:10.21608/acj.2015.63476

Measuring the sustainability of the current account deficit of the Egyptian balance of payments using artificial neural network technology

Document Type : Original Article

Authors

¹ Associate Professor of Economics Faculty of Administrative and Financial Sciences Taif University Assistant Professor of Economics, Faculty of Commerce Damietta University

² Assistant Professor, Department of Economics Faculty of Commerce and Business Administration Helwan University

10.21608/acj.2015.63476

Abstract

Economic theory suggests that the current account of the balance of payments desired by the state must meet the criterion of sustainability, where sustainability refers to the continued ability of the state to finance the current account deficit The current account is one of the indicators of the economic performance of the state A persistent current account deficit leads to more serious problems for the economy and may require a rapid response in economic policies.And specifically Therefore, in recent years, policy makers and economists have become increasingly interested in examining the sustainability of the current account deficit in both developed and developing countries, in order to determine whether this deficit is sustainable.Sustainability refers to the stable state of the external balance, so that no economic forces change it.

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