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Employment in the industrial sector has decreased in all advanced countries, even though the sector's share in the gross domestic product (gdp) has not changed or has decreased only slightly in many cases, mostly because of improvements in labour productivity. Simultaneously, services have not stopped growing, reaching a share in developed economies of around 75%, sometimes higher, both in employment and contribution to nominal gdp. These processes have been the subject of extensive literature developed on the concepts of "deindustrialization" and "tertiarization", and on their possible explanations. Though delayed, these two far-reaching trends have taken, or are taking place, also in countries classified as middle-income or developing countries, giving rise to the concept of "premature deindustrialization". Various explanations have emerged around these issues, all of which have qualified the two major trends as worrisome. A common explanation suggests an industry-services contrast, where the trade-off between them appears as "the villain of the story"--borrowing an expression from the traditional theatre. This paper aims to show that this view is oversimplifying and wrong. What is observed in almost all economies is a process of growing integration between the two sectors, instead of a confrontation between them, and everything indicates that they will only integrate further in the coming years. The characteristics of such integration will be analyzed in the paper as well. [ABSTRACT FROM AUTHOR]

Various studies in developed countries have shown the emergence of feelings of nostalgia in working-class neighborhoods that underwent deindustrialization and the withdrawal of the Welfare State. However, such research is scarce in developing countries. This article analyzes the emergence of these senses of place in Zalatitán -a working-class neighborhood in Guadalajara-by relying primarily on ethnographic work. Faced with the retreat of the Welfare State, these spaces reveal a prolonged government neglect which has fostered senses of abandonment, degradation or fear. [ABSTRACT FROM AUTHOR]

This paper aims to analyze the behavior of a group of industrial multinational subsidiaries located in Brazil in the period 2003-2019. In this context, their surplus increased substantially because of the rise in commodity prices. For this reason, we intend to analyze the destination of the surplus towards non-productive uses. The methodology used incorporated accounting data that were processed to construct useful variables within the disciplinary framework of political economy and economics for economic development. Through this, it was possible to measure the capital flight and financial investments of the selected companies. This paper ties in with the debate on financialization, global productive changes and the forms these phenomena take in developing countries. Despite the surplus increase, the selected firms lost productive density because they promoted non-productive uses, in a general context of the Brazilian economy characterized by financialization and deindustrialization. [ABSTRACT FROM AUTHOR]

The new commercial globalization changed the map of the global industry. Today's world is different from yesterday. North does not dominate South in the same way. In the South there are large heterogeneities between developing countries, the emerging Asian and Latin American countries, etc. Some countries in the South have come to impose their own rules. However, not all emerging economies in the South have the same capacity prevail, as Latin America. Some Asian countries benefit temporarily from high growth, but experience a process of deindustrialization that weakens them. Some theories and analytical tools have become outdated or inaccurate, such as the center-periphery approach. Countries that yesterday belonged to the periphery have acquired characteristics of the old center and even exercise control over developed countries. [ABSTRACT FROM AUTHOR]