{"product_id":"escaping-the-governance-trap-economic-reform-in-the-northern-triangle-9783030990220","title":"Escaping the Governance Trap: Economic Reform in the Northern Triangle","description":"\u003cp\u003eThe COVID-19 pandemic has fundamentally altered the global economic landscape, with the smallest and most vulnerable economies particularly hard hit. In the Northern Triangle countries of El Salvador, Guatemala, and Honduras, the crisis has cost lives and livelihoods. It has impacted both the demand and supply sides of the economy, posing difficult policy tradeoffs. Risks to macroeconomic stability are now growing. Each country will likely exit the crisis with an even greater need for reform. \u003c\/p\u003e \u003cp\u003e\u003ci\u003eEscaping the Governance Trap: Economic Reform in the Northern Triangle\u003c\/i\u003e provides a framework for understanding the challenges of those three Central American nations, proposing that the lack of governing capacity in each country is a crucial problem. This book argues that economic reforms can help the Northern Triangle countries escape their governance traps and identifies priority areas of economic reform. Sectors covered include fiscal policy, monetary andexchange rate policy, financial access and deterrence, and structural reforms. It also highlights the role that stakeholders like the United States can play to help in these reform efforts, and how those outcomes affect the United States and the global community. All told, \u003ci\u003eEscaping the Governance Trap \u003c\/i\u003eprovides an accessible, direct account of the Northern Triangle's economic challenges and how to fix them. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e\u003cb\u003eNeil Shenai \u003c\/b\u003eserved as the U.S. Treasury's Financial Attaché to Mexico and Central America from 2016-2018. He is a Term Member of the Council on Foreign Relations and the author of \u003ci\u003eSocial Finance: Shadow Banking during the Global Financial Crisis\u003c\/i\u003e (Palgrave MacMillan, 2018). He received his PhD from Johns Hopkins University School of Advanced International Studies.\u003c\/p\u003e \u003cp\u003e \u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e","brand":"Palgrave Pivot","offers":[{"title":"Default Title","offer_id":50453514748178,"sku":"9783030990220","price":59.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_5eb93fcc-e183-4db2-8887-16ff4ed2d58f.jpg?v=1729849962","url":"https:\/\/surprise-castle.myshopify.com\/products\/escaping-the-governance-trap-economic-reform-in-the-northern-triangle-9783030990220","provider":"Surprise Castle","version":"1.0","type":"link"}