De-Industrialization: concept, causes, effects and the Brazilian case. This article aims to do a theoretical discussion about the term "de-industrialization" and its relationship with other concepts as "primarization" of exports and "Dutch disease". After that we will analyze the possible causes and effects of "de-industrialization". Finally, we analyze the Brazilian case, with a special attention over the economic literature about this issue.

RESUMO Concentramos nossa atenção no fato de que, em um mundo incerto, as expectativas desempenham um papel importante quando são tomadas decisões sobre produção e investimento. Apesar de lidar com problemas diferentes, as decisões sobre produção e investimento estão inter-relacionadas porque, uma vez explicitamente considerada, as decisões de longo prazo devem ser traduzidas em procedimentos de curto prazo. Sugerimos que várias variáveis pudessem ser identificadas como decisões norteadoras do investimento: expectativas sobre rendimentos prospectivos, economia interna e instalações internas não exploradas para diversificar a linha de produção e, finalmente, as condições para financiar novos planos de investimento por dívida. incerto diferentes interrelacionadas inter relacionadas porque considerada prospectivos finalmente dívida

ABSTRACT We have focused our attention on the fact that in an uncertain world, expectations play an important role when decisions about production and investment are made. In spite of dealing with different problems, decisions about production and investment are interrelated because, once is explicitly considered, long term decisions have to be translated into short term procedures. We suggested that several variables could be identified as guiding investment decisions: expectations about prospective yields, internal savings and unexploited internal facilities to diversify the production line and, finally, the conditions to debt finance new investment plans. world made problems because considered procedures yields finally plans