Lo bueno, lo malo, lo feo - y lo necesario: Pasado, presente y futuro del regionalismo latinoamericano

In the context of the current crisis of Latin American regionalism, the first part of the article analyses both the advances and structural limitations of Latin American regionalism during the past 30 years. The second part describes some structural elements for a better understanding of the crisis of post-hegemonic regionalism. The third part discusses strategies and steps to overcome the current crisis and to give new impetus to Latin American regionalism. It discusses options how to confront the porosity of the region, and how to take advantage of the new opportunities to establish alliances for economic cooperation between countries in different world regions. The article argues in favor of pragmatic regionalism and supports the proposal to create a Latin American free trade area.