“…In 2011, the Chilean GDP per capita was 46.6% higher than in 1998, the Brazilian 33.7%, the Argentinean 25.4% and the Mexican 11.4%. Regarding the manufacturing value added per capita, Chile and Argentina performed much better than Brazil and Mexico (respectively,24.6%,23.8%,15 is mainly explained by 2015, when it's GDP per capita decreased 4.8%; there is a significant growing literature debating the existence or not of a de-industrialization process in Brazil (Frenkel y Rapetti, 2011;Gaulard, 2011;Mattos et al, 2014;Nassif, 2008;Oreiro y Feijó, 2010;Salama, 2012 among others). The Brazilian case is particular because there are several sectors of industrial activity that are feeling the effects of competition from cheaper imports, the country has lost participation in foreign markets, and job losses have been registered in various segments of industrial activity in different regions.…”