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Dynamics of the variables (2010 -2019)

Dynamics of the variables (2010 -2019)

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The present study aims at tracing the correlations between the foreign direct investments (FDIs) and the key interest rates (KIRs) broken through the prism of the democratization processes in the Western Balkans. The paper represents the extension of the previous author's works dedicated on the region, and its challenges nowadays (Mancheva,

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... Democratic rating is compiled by the non-governmental organization Freedom House and is a scale from 1 to 7, with 1 being the highest level of democratic progress and 7 being the lowest. Figure 1 presents the dynamics of the continuous random variables used in the study -foreign direct investment, key interest rates and democratic rating. According to it, the dynamics of the variable "democratic rating" is relatively the most stable compared to the other two variables. ...