Latin America is currently doing very well for the first since the 1960's but the author's assertion that somehow Latin America speaks as one voice is incorrect. Although they so seem to agree on common issues each nation has a national identity all it's own. Italian immigrants for example left a huge imprint on the national character of Argentina and Uruguay in a manner seen nowhere else in the Americas except the USA. Latin America still has a long way to go before an important area like the EU. Rampant corruption, failed educational systems, appalling crime rates to name a few are major obstacles these nation's face. The sunami of desperate illegal aliens that has hit the USA in recent years are the living proof that there are still severe problems across the Americas. For the author to say Latin America can lead the world is very premature.