THE NEXUS BETWEEN ECONOMIC GROWTH, BANKING SECTOR DEPTH, AND FOREIGN DIRECT INVESTMENT IN SELECT CENTRAL AND EASTERN EUROPEAN COUNTRIES

The goal of this research is to consider the influences foreign direct investment and banking sector depth on economic growth, by analysing these factors in six Central Eastern European countries (Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania) period between 2000 2018. Cointegration among variables was confirmed using Westerlund panel cointegration test. outcomes autoregressive distributed lag model positive influence negative impact growth observed countries. results short-term analysis revealed insignificant notable growth.