I extracted, configured and used make for the installation package in my server.
However, I could not use make install. I get the error
[~/w
Extending bobince answer, there is an issue if you don't have the readline development package installed in your system, and you don't have root access.
When Python is compiled without readline, your arrow keys won't work in the interpreter. However, you can install the readline standalone package as follows: Adding Readline Functionality Without Recompiling Python
On the other hand, if you prefer to compile python using a local installation of readline, here's how.
Before doing as bobince was telling, compile and install readline. These are the steps to do so:
Then, add this line to your .bash_profile script:
export LD_LIBRARY_PATH=$LD_LIBRARY_PATH:$HOME/.local/lib
Last, but not least, execute the following command
export LDFLAGS="-L$HOME/.local"
I hope this helps someone!