LEADER 03957nam 22006015 450 001 9910584477103321 005 20240509001808.0 010 $a9783030990237$b(electronic bk.) 010 $z9783030990220 024 7 $a10.1007/978-3-030-99023-7 035 $a(MiAaPQ)EBC7044683 035 $a(Au-PeEL)EBL7044683 035 $a(CKB)24242993200041 035 $a(DE-He213)978-3-030-99023-7 035 $a(EXLCZ)9924242993200041 100 $a20220713d2022 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aEscaping the Governance Trap $eEconomic Reform in the Northern Triangle /$fby Neil Shenai 205 $a1st ed. 2022. 210 1$aCham :$cSpringer International Publishing :$cImprint: Palgrave Pivot,$d2022. 215 $a1 online resource (170 pages) 311 08$aPrint version: Shenai, Neil Escaping the Governance Trap Cham : Springer International Publishing AG,c2022 9783030990220 327 $aChapter 1: From the Northern Triangle to Northern Europe: How Good Governance Can Rescue Central America -- Chapter 2. Economic Reform Priorities and the Governance Trap -- Chapter 3. Enhancing Global Engagement -- Chapter 4. Conclusions and Potential Futures. 330 $aThe 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. Escaping the Governance Trap: Economic Reform in the Northern Triangle 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 and exchange 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, Escaping the Governance Trap provides an accessible, direct account of the Northern Triangle's economic challenges and how to fix them. Neil Shenai served 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 Social Finance: Shadow Banking during the Global Financial Crisis (Palgrave MacMillan, 2018). He received his PhD from Johns Hopkins University School of Advanced International Studies. . 606 $aDevelopment economics 606 $aEconomic development 606 $aEconomics 606 $aLatin America$xEconomic conditions 606 $aDevelopment Economics 606 $aEconomic Growth 606 $aPolitical Economy and Economic Systems 606 $aLatin American/Caribbean Economics 615 0$aDevelopment economics. 615 0$aEconomic development. 615 0$aEconomics. 615 0$aLatin America$xEconomic conditions. 615 14$aDevelopment Economics. 615 24$aEconomic Growth. 615 24$aPolitical Economy and Economic Systems. 615 24$aLatin American/Caribbean Economics. 676 $a338.9 676 $a338.9728 700 $aShenai$b Neil$01058693 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 912 $a9910584477103321 996 $aEscaping the Governance Trap$92901626 997 $aUNINA