Brazilian companies practice social responsibility with a degree of sophistication unparalleled in Latin America. They lead rankings of corporate sustainability in the sub-hemisphere due to a unique creativity that—in the best cases—makes profits and ethics work together. However, the corporate world in Brazil also reflects the huge social and economic disparities of the country. Highly developed companies, aligned with international standards of social responsibility, coexist with others that still engage in child labor, environmental degradation and even slavery.
Initial public offerings (IPO) worldwide raised a record level of capital in 2007—driven in large part by emerging markets that increasingly list companies on their own exchanges. China remains the undisputed leader, with Indian and Russian stock markets—thanks to “mega” IPOs—returning impressive results. As a whole, equity market capitalization in Latin America is much smaller … Read more
1. Futebol Home to São Paulo Futebol Clube—the only team to win the national title five times—Estádio do Morumbi packs in up to 80,000 spectators. For a more intimate setting, check out the art-deco Estádio do Pacaembu. 2 Explore the Feijoada Tradition Brazil’s signature bean, beef and pork stew has been a tradition at Feijoada … Read more
When he was 17, Angel Medina joined the Federación Interprovincial de Indígenas Saraguros, an indigenous advocacy organization in Ecuador. Four years later, he was the group’s president. Anyone who knows him wouldn’t be surprised. The indigenous leader, now 38, has a talent for bringing people together. Today, as founder and president of the indigenous rights organization Fundación Q’ellkaj (the Quichua word for “producer of knowledge”), he is putting that talent to use by bridging the racial divide in his country…
United States policies toward the region have oscillated between activism and aloofness. In both cases, the perception of U.S. attitudes has given rise to criticism in Latin America and the Caribbean. If the U.S. seems too involved, chances are that many observers will accuse Washington of unduly interfering in the domestic affairs of other countries. … Read more
What a paradox! Never has the Hispanic vote been more influential in a U.S. election than in 2008—and never has the U.S. had less regional influence than today. That said, 200 years of history and a rising regional power (