This commentary was originally published in the Inter-American Dialogue's Latin America Advisor on August 27, 2012.

Aug. 7 marked the 25th anniversary of the Esquipulas II Peace Accords, which helped provide the framework to end years of conflict in Central America. Speaking at the OAS, former Guatemalan President Vinicio Cerezo called for a new Esquipulas Accord to confront the issues that currently threaten the region's stability, arguing that violence, corruption and inequality can only be mitigated by a cohesive response from Central America's leaders. Would signing an "Esquipulas III" be a good idea? In what ways has Central America seen successes in recent years, and which are its most intractable problems? How should weak institutions be strengthened? What steps could leaders take to more effectively confront the region's crises?

Cynthia J. Arnson: "Esquipulas II represented an unprecedented effort on the part of Central American nations to put forward a common vision for how to overcome armed conflict in the region. It was not a laundry list of objectives, but rather a relatively small number of basic principles to guide internal as well as international behavior: privileging dialogue and negotiation over military means, promoting internal democratization and calling for an end to outside support of the parties to the conflict. The peace plan provided a basic architecture around which multiple actors coalesced and it became a central organizing principle for U.S. policy in an environment fractured, first, by the Iran- Contra scandal, and subsequently by the end of the Cold War. Since the end of armed  conflict,  there  have  been  many advances in terms of formal democratization—the widening of political spaces, a much more open and plural debate in the media,  growing  activism  by  groups  in civil society on a host of policy issues. But the crisis of citizen security and gang violence—which  pre-dated  by  and  is  far more prevalent than the violence caused by drug trafficking and other forms of transnational organized crime—is  reinforcing authoritarian tendencies, retarding  processes  of   judicial  and  police reform and making the material conditions of life for large numbers of people simply intolerable. Moreover, the absence of consensus on social issues, reflected in some of the lowest rates of taxation in the hemisphere  and  levels  of  spending  on education and health that are below the regional  averages,  has  left  deep  social cleavages that provide a steady incentive for   millions   of   people   to   migrate. Overcoming these deep social divides is an urgent task. The failure to do so only exacerbates the security problems and in more   global   terms,   undermines   the region’s competitiveness. Esquipulas III must  have  the  construction  of  social pacts as its central goal, without which Central American countries will continue to find it impossible to achieve sustainable  development  or  resolve  the  deep security crisis."