Abstract

The democratization in Latin America can assert a new paradigm of development
for the region. This hypothesis is considered from the analysis of both external
and internal economic challenges, and from the democratization’s economic potentialities.
The greatest challenge is transcending those modalities of economic, social and political
organization, which originated the authoritarianism and its various modalities. The
democratization’s intermediate and long-time potentialities are analysed in the circuit of social
innovation, creativeness, public administration, and regional integration, excluding the
neoliberal conceptions in “Cone Sul” in order to suggest new ways and means to progress.

JEL Classification: P17; P11; O54.