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unrealized in Latin America (Lauritz B Holm – Nielsen, Kristian Thorn,<br />

Jose Joaquin Brunner, and Jorge Balán).<br />

The quality and relevance of human capital and knowledge generated by<br />

higher education institutions is critical to Latin America’s social and<br />

economic <strong>de</strong>velopment. while high-income countries are raising the<br />

stakes, Latin America is still <strong>de</strong>aling with l ongstanding problems, such as<br />

un<strong>de</strong>r<strong>de</strong>veloped curricula, lack of teaching materials, un<strong>de</strong>rqualified<br />

faculty and labor market imbalances.<br />

However, In Nubia Ruiz Ayala´s book “Development of Potentialities and<br />

Competitions”(2001) she states: “The e ffective educational system in most<br />

of Latin American countries during the last fifty years is not only a good<br />

system but also the product of a mestizo culture, of countries with valuable<br />

natural and human resources whose political and economic characteri stics<br />

locate them to hardships in the adolescent of the <strong>de</strong>velopment but not in the<br />

not existence of the progress, the growth or the scientific, technological ,<br />

and social innovation 1 ”.<br />

On the other hand, It is relevant to point out that in most of Lat in<br />

American Countries education seems not to be according to this changing<br />

1 “D esa rr o llo <strong>de</strong> p ot en cialida<strong>de</strong>s y comp et en cias” : “E l sist ema ed u cativo vigen t e en la ma yo ría <strong>de</strong> los<br />

p aíses latino americanos durante los ú ltimos cincuen ta años no solo es un buen sistema, sino también el<br />

p rod u cto <strong>de</strong> una cultura mest iza, <strong>de</strong> países c on va li osos recursos natura les y humanos, cuyas<br />

características políticas y ec on ómicas los sitúan a pen as en la ad o lesc en cia <strong>de</strong>l d esa rr o llo p er o no en la<br />

inexist en cia d el prog r es o el crecimi en to o la innovaci ón cien tífica, tecnológica y soci al”.<br />

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