The rise of Multilatinas

Latin America (LA) is increasingly acting like the headquarter of internationally orientated firms (Goldstein, 2010). The favorable evolution and economic growth of Latin American countries have largely contributed to the development of firms and the emergence of multinationals, referred to as Multilatinas. Riviera & Soto (2010) define them as “those MNEs originated in Latin America … Read more

Dempsey and Firpo

George Bellows’ piece titled Dempsey and Firpo represents the fight on the century in the nineteenth hundred between an American heavyweight champion Jack Dempsey and his Argentine rival Luis Angel Firpo. This piece was made in 1924 as Bellows sat ringside sketching, and later deciding to turn one of the sketches into a painting (Art … Read more

Latin American Independence

The Spanish amassed great wealth and power in their American colonies through oppression, slavery and racism. An amazing variety of classes developed and created a social gap in the people. At the turn of the nineteenth century, the American-born population began to advance towards independence. The process did not happen over night. Instead, it developed … Read more

Independence of Latin America

In the 1800’s, Latin American countries won independence, but many new independent countries had trouble creating strong, stable governments. The Creoles played an important role in the independent movements. These countries won their independence through strong leaders and many other factors. As soon as these countries won their independence from Spain and Portugal, they did … Read more

The conquest of Latin America

The conquest of Latin America was out of greed and search for power and fame. Many civilizations nearly or did get wiped out due to the search for gold and other riches. It started out with Columbus looking for a faster water route going to the east that went to the Indies, for a more … Read more

Caudillo System in Latin America

The caudillo system established in Latin America after the wars for independence consisted of unstable transitional governments that achieved few of the goals recognized in an effective democratic government. Despite these shortcomings, the caudillo system maintained a predictable social order and prevented chaos. This system was the best available until the formation of a middle … Read more