Europäisches Institut für Internationale Wirtschaftsbeziehungen (EIIW)

 

European Institute for International Economic Relations

 

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Europäisches Institut für Internationale Wirtschaftsbeziehungen
Rainer-Gruenter-Str. 21
D-42119 Wuppertal

Tel: +49-(0)202-439 1371
Fax: +49-(0)202-439 1377
Mobil: +49-(0)174-702 0924

welfens(at)eiiw.uni-wuppertal.de

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30.07.18 14:30

New paper from Prof. Dr. Welfens available

New Marshall-Lerner condition derived for an economy with both trade and "FDI globalization".

In a newly published paper, Prof. Paul Welfens has derived a new Marshall-Lerner condition for an economy with both trade and "FDI globalization". The paper's insights should be quite important for both policymakers and, e.g. the IMF. The new ML condition is unambiguous and stricter for a pure FDI outward case, twin-FDI cases are rather ambiguous - but could indeed have a weaker elasticities requirement. Download now

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