This paper theoretically and empirically investigates deindustrialization in a group of selected countries, from 1970 to 2017, viewing it as a process of varied and complex causes, sensitive to the degree of economic development. Supported by the theoretical framework on the centrality of the...

This study aims to investigate the relations between the level of the real exchange rate, foreign savings and domestic savings in Brazil. The appreciation of the domestic currency caused by financing the current account deficit reduces the expected profit rate in the tradable goods industry,...