World Economic Forum participants heard a message of optimism for the future of Latin America, with many countries said to be in a vastly stronger economic situation than at the start of the 90s, and democracy itself no longer in question.
However, to maintain its advantages and to maximize its potential, the region must pay close attention to the quality of government.
"Thirteen Presidential elections in one year would naturally create a certain climate of political uncertainty," said José Miguel Insulza, Secretary-General, Organization of American States (OAS), Washington DC.
"People wonder what a new government will do, if it will have the support of congress, and if it will do what it promised." However, he said, that was different from doubts about the solidity of democratic systems.