A instabilidade financeira nos anos 90: Algumas implicações para as economias capitalistas periféricas

Abstract

In the last years, the trend of global integration and liberalization, mainly at the financial side, has been accompanied by an increasing frequency of financial crises, in both the developed and devoloping countries. The aim of this article is to compare two different views of this crises - the mainstream and an alternative view, based on the ideas of Keynes and Minsky - and to show how the first interpretation imply in a limited agenda for the developing countries.