TY - JOUR AU - Resende, Marco Flávio da Cunha AU - Amado, Adriana Moreira PY - 2007/01/01 Y2 - 2024/03/29 TI - International liquidity and reflex cycle: some observations to Latin America. JF - Brazilian Journal of Political Economy JA - BJPE VL - 27 IS - 1 SE - DO - UR - https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/553 SP - 41-59 AB - <p>The international financial instability of the 1990 has been analysed in several occasions on Minskyan perspectives. The paper is based on this theoretical approach and intends to demonstrate that the financial fragility hypothesis is very useful to the analysis of the cycle in peripheral economies, which real performance is associated to the availability of international liquidity. The analysis is based on three Latin American countries: Brazil, Argentina and Mexico.</p><p><strong>JEL Classification:</strong> F32, F33, F43.</p> ER -