Abstract

In the last decades, foreign direct investments and export have generally been considered key drivers of global economic integration. This paper pays special attention to analysis of possible impact and relationship between foreign direct investment, exports and economic growth of countries. When looking at Serbia as a country that is still in the process of transition, due to its characteristics in terms of impact on long-term economic development, the main purpose of this paper is the research and analysis of connectivity between foreign direct investments, export and economic growth measured by gross domestic product of Serbia in the period from 1998 to 2016. With the use of statistical-quantitative analysis, the paper has produced the results that indicate that foreign direct investments and export positively influence the economic growth of Serbia. Having in mind that the impact of foreign direct investments and export is positive, the conclusions of the research can be useful in creating appropriate policies and strategies for further economic growth and development of Serbia.

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