Managua in Alajuela, Costa Rica was the second established in 1984. The latter was made the main campus following the lack of government support during the 1980s; in fact the Managua campus was actually closed for most of this time. It then reopened in 1990 after democracy was restored in Nicaragua; however, the main campus remained in Alajuela. According to a study done by América Economía INCAE ranked as the number one business school in Latin America in 2004 and 2005 and ranked in the top ten international business schools by "The Wall Street Journal" in 2006. Managua is the economic
Managua the Old Cathedral of Managua was designed by Belgian architects, and the iron that was used to shape the core of the cathedral was shipped from Belgium. Construction lasted from 1928 to 1938, overseen by Pablo Dambach, who was a Belgian engineer residing in Managua. The architects had been inspired by the church of Saint-Sulpice in Paris, France. The St. James' Cathedral became the first cathedral in the Western Hemisphere to be built entirely of concrete on a metal frame. The cathedral survived the 1931 earthquake, but was heavily damaged during the 1972 earthquake, which eventually led to the construction