*本文认为,尽管作为2008年9月爆发的金融危机最严重阶段特点的总的流动性问题已经得到解决,但是工业化国家的信贷及生产活动却正在迅速下降,其金融系统仍处于资本不足状态。在金融危机向拉美传播的外部途径中,侨汇减少并非是最重要的。最普遍的负面影响是国际贸易量下降和初级? * This paper argues that while the overall liquidity issue, which characterized the worst part of the financial crisis that erupted in September 2008, has been resolved, the credit and manufacturing activities of industrialized countries are rapidly declining and their financial systems are still under capitalized. In the external channels spread to Latin America by the financial crisis, the reduction of overseas remittances is not the most important. The most common negative impact is the decline in international trade and primary?