What can Trigger the Resumption of Economic Growth in a Small Open Economy like Greece: Exports or Inward FDI?

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In the short run, the results show that increases in exports will have little impact on economic progress in Greece, whereas in the long term augmented exports can be a key growth generator. Conversely, the results show that over a relatively short period, FDI has played a dominant role in stimulating economic development rather than exports of goods and services.

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