This shift in the labour intensity of economic growth could be related, among other factors, to the characteristics of foreign direct investment (FDI). In the first phase, FDI focused on acquisitions —often of State-owned enterprises— which resulted in layoffs, while in the second phase the generation of new production capacities (greenfield investment) predominated (ECLAC, 2014a). As a result of these transformations, it was noted that in the recent period of growth, larger enterprises —which are generally more productive and competitive— accounted for an increased share of the employment structure (Wei ler and Kaldewei, 2013: pages 70 and 71). However, it emphasized that these effects were modest and often limited to certain groups of workers.