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The present paper investigates the association between outward FDI, exports and growth using data from 1990-2021. The novel estimation procedure of ARDL is used in the study to examine the long and short-run dynamics. Further, the causal relationship between outward FDI, exports and growth is also examined. The results imply that exports, OFDI, and economic growth in Bangladesh have a long-term cointegrating relationship. Additionally, FDI from abroad helps to increase the nation's exports. The study's conclusions are supported by the negative coefficient of the error-correcting term. The study provides useful insights for the policymakers of the country.

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The current paper analysis the underlying relations between Foreign Influx, Trade and Economic Growth in case of Turkey over the period 1970-2019. The novel technique of ARDL is applied to investigate the presence of a long- and short-run relationship amongst foreign inflows, Trade and Economic Growth. The findings revealed the existence of cointegrating relationship among the variables. Further, outward inflows and the export were the key elements of economic progress in the long run in Turkey. Many important inferences can be made from the estimation results in the study such as the concerned authorities should focus on increasing stockholders’ confidence in the country by reducing political uncertainty and providing favourable environment to foreign investors. Further attention should be paid towards the amount and productivity of external investment flowing in the country in such a way that optimum growth can be achieved.