Though a country's economy is growing, separate regional development disparities could be even more significant. This paper aims to identify the situation of inequality of Lithuania's regions, taking into consideration the most important factors of regional economic growth and investments....

The authors employ panel Vector Error Correction Models (VECM) and cointegration framework to identify the existence and direction of the causal association between foreign direct investment (FDI) in financial services and financial development for 26 emerging economies for the period 2003-2015....