Purpose: The purpose of this paper is to provide more reliable estimates of the relationship between government spending and economic growth in the European Union (EU) during the period of 1995-2015. Design/methodology/approach: The methodology consisted of several different stages. In the...

Foreign direct investment is significantly important for the emerging market countries or countries in transition. Scientific literature provides plenty of evidence that FDI may have both negative and positive influence on economic growth. However, research proves that just specific type of FDI...