News & Highlights

  • MAY 2019

2019 Alumni Achievement Award

Álvaro Rodríguez Arregui (MBA 1995) was one of five individuals to receive the 2019 HBS Alumni Achievement Award at this year’s Class Day. Harvard Business School's mission is to educate leaders who make a difference in the world. Every day more than 80,000 HBS graduates strive to make these words a reality in a wide array of organizations that affect the lives of millions of people around the globe. For 50 years, the School has selected a number of outstanding men and women to receive its most important honor, the Alumni Achievement Award. Rodríguez is managing partner of IGNIA, a venture capital firm he cofounded in 2007 that invests in entrepreneurs who are brining goods and services to Mexico’s emerging middle class. Rodríguez’s interest in using microloans to invest in developing economies was first sparked at HBS in 1994 when he helped organize the Latin American Conference.
  • JANUARY 2019

Executive Education: Agribusiness Seminar

Every January for the past 59 years, Harvard Business School has been host to the Agribusiness Seminar. Founded by Professor Emeritus Ray Goldberg, the program seeks to help leaders in the world of food and agriculture to better understand the trends that will impact their field. The program creates 12 new case studies annually that span the globe and value chain. With all of the turmoil in global trade over the past several years, the faculty team decided that a case on global soy production could be informative for participants. The Latin America Research Center, engaged a highly respected agribusiness company in Argentina, Duhau Group, to act as the guide. Duhau Group provided access to their farms and company personnel and facilitated meetings with notable economists and agribusiness experts in Argentina. The group offered perspectives on the acute and significant rupture in prices between the Chicago Board of Trade and the Buenos Aires Exchange for Soybeans. This significant development generates important questions about the future of price discovery in this market as well as how soy growers should be thinking about long term investments on their farms. Renowned HBS Professor and Argentinian economist, Alberto Cavallo, taught a case on Duhau Group at this year’s Agribusiness Seminar.
  • DECEMBER 2018
  • Alumni News

Alumni Impact: Raising the Barrio

Can the shantytowns of Buenos Aires be integrated into the city that long neglected them? Buenos Aires mayor Horacio Rodríguez Larreta (MBA 1993) is working to reintegrate the barrios of his city. In August 2016, eight months after taking office, Rodríguez Larreta pledged to develop the neighborhood. His first step: establishing a mayoral office in the heart of the barrio, reclaiming a building that had until recently been the headquarters of a drug dealer known as “Tarzan.” It was a symbolic gesture, Rodríguez Larreta acknowledges, but an important one.

New Research on the Region

  • 2019
  • Book Chapter

Origins and Development of Global Business

This chapter explores how business enterprises have been powerful actors in the spread of global capitalism between 1840 and the present day. Emerging out of the industrialized Western economies, global firms created and co-created markets and ecosystems through their ability to transfer a package of financial, organizational, and cultural assets, skills, and ideologies across national borders. They have been major drivers of trade growth, which they often organized within their own boundaries. They have been shapers of, as well as responders to, globalization waves. They were also actors in periodic de-globalization waves, mainly because they functioned as reinforcers of gaps in wealth and income rather than disrupters of them. They were disappointing institutions for knowledge and technology transfer. In recent decades, the domination of global markets by Western and Japanese firms have shifted to a situation in which they competed as equals with firms based in China, India, the Arab Gulf, and elsewhere in the non-Western world. This trend is likely to accelerate as the growing fragility of institutional structures in the United States and the European Union further weakens the competitiveness of firms based in those regions.

  • 2019
  • Book Chapter

The Great Divergence and the Great Convergence

This chapter provides a new lens to the extensive debate among economists and economic historians concerning why the West grew rich and the rest of the world lagged behind as modern industrialization took hold in the 19th century. The literature has focused heavily on quantitative research on comparative income levels, especially GDP per capita and real wage levels as well as on broad brush explanations related to institutions, culture, and human capital development. This chapter argues that there needs to be closer engagement with the processes of how such factors translated into generating productive entrepreneurs and business enterprises. It explores in particular why the development of modern business enterprises in Africa, Asia, and Latin America lagged; how they started to emerge more successfully in the interwar years only to be set back by failed government policies after World War II; and how the second global economy from the 1980s provided many more opportunities for firms outside the West to catch-up with innovation and competitiveness.

See more research

Buenos Aires Staff

Fernanda Miguel
Executive Director
Mariana Cal
Assistant Director, Research
Jenyfeer Martínez Buitrago
Research Associate
Maria Martha Ruiz Melo
Office Manager

São Paulo Staff

Ruth Costas
Senior Researcher
Patricia Thome
Office & Program Manager

Mexico City Staff

Carla Larangeira
Senior Researcher