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Latin America

A challenging prospect for regionalism

Ernesto Vivares

Abstract

This article contends that the prospects of regionalism in Latin America are highly uncertain. In the light of the inequality that has historically characterized the region, the commodity-oriented dependence, and the political instability, the region will not be able to face the future without cooperation. This article argues that Latin America must aim at pragmatic and non-ideological cooperation to focus on regional development. To reach that goal, the article discusses how both the traditional development formulas of neoliberalism and neodevelopmentalism have been unable to deliver consistent responses to the current regional problems in the face of COVID-19 and the changing global order.