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 orga-nization, which originated the authoritarism and its various modalities. The democratization’s intermediate and long time potentialities are analyzed in the circuit of social innovation, creative-ness, public administration and regional integration, excluding the neoliberal conceptions in “Cone Sul” in order to suggest a new ways and means to progress.