Panama’s Growth Prospects

Panama’s Growth Prospects
Author: Ms.Kimberly Beaton
Publisher: International Monetary Fund
Total Pages: 30
Release: 2017-07-07
Genre: Business & Economics
ISBN: 1484307860

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This paper estimates medium-term potential growth for a country undergoing significant structural and secular changes. Our forward-looking framework, incorporating three analytical approaches for examining economic prospects, constitutes an important complement to typical backward-looking methods that filter or extrapolate historical data. In particular, the opening of the expanded Panama Canal in 2016 highlights significant structural changes underway in the Panamanian economy. We first analyze growth determinants and find that Panama is well-placed to maintain its business model, with improvements in education and governance important to support growth. Second, the current pipeline of investment projects can help sustain investment-led growth, although at a more moderate pace. Third, further development of the logistics and tourism sectors holds promise to further build on Panama’s comparative advantage.

The Economic Development of Panama

The Economic Development of Panama
Author: Robert E. Looney
Publisher: Greenwood
Total Pages: 280
Release: 1976
Genre: Business & Economics
ISBN:

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Economic research monograph on the economic implications of world inflation on the economic development of Panama - outlines economic trends from the pre-war period until the present, covers demographic aspects, balance of payments, export and import trends, monetary policy, fiscal policy, future economic growth prospects, the importance of the Panama Canal Zone to the economy, the role of USA, etc. Bibliography pp. 225 to 236, references and statistical tables.

Panama at the Crossroads

Panama at the Crossroads
Author: Andrew Zimbalist
Publisher: Univ of California Press
Total Pages: 232
Release: 2023-11-10
Genre: Business & Economics
ISBN: 0520325184

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In December 1989, the United States invaded Panama, deposed its government, and established another in its place. While this act of violent intervention brought Panama to public attention, the justifications for it obscured the underlying instabilities that have plagued the country throughout its history. Although a stated purpose of the invasion was to remove one man, Manuel Noriega, from power, Panama at the Crossroads demonstrates that the crisis sweeping Panama in the late 1980s was not caused by one man, but in fact derived from the history of U.S. domination and the nature of Panamanian society itself. Panama is located at a crucial geographic crossroads, a fact that has greatly influenced the country's history since the sixteenth century. Labor scarcity and inhospitable terrain, joined with its location, contributed to the mercantile orientation of Panama's economy. Accordingly, the country's politics and economics have been consistently dominated by foreign trading interests, first from Spain, then Colombia and the United States. Now in the 1990s, Panama stands at a historical and economic crossroads, and according to Zimbalist and Weeks its traditional entrepôt institutions are no longer able to promote and sustain growth. Before building the basis for long-term economic expansion, Panama must first undo the devastating economic and political damage engendered by nearly three years of U.S. economic sanctions and the U.S. invasion. In this timely book, Zimbalist and Weeks document the origins and characteristics of this crossroads. Their analysis points the way to a more encompassing and equitable strategy for Panama's economic development. This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1991.

Panama at the Crossroads

Panama at the Crossroads
Author: Andrew S. Zimbalist
Publisher: Univ of California Press
Total Pages: 236
Release: 1991-01-01
Genre: History
ISBN: 9780520073111

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In December 1989, the United States invaded Panama, deposed its government, and established another in its place. While this act of violent intervention brought Panama to public attention, the justifications for it obscured the underlying instabilities that have plagued the country throughout its history. Although a stated purpose of the invasion was to remove one man, Manuel Noriega, from power, Panama at the Crossroads demonstrates that the crisis sweeping Panama in the late 1980s was not caused by one man, but in fact derived from the history of U.S. domination and the nature of Panamanian society itself. Panama is located at a crucial geographic crossroads, a fact that has greatly influenced the country's history since the sixteenth century. Labor scarcity and inhospitable terrain, joined with its location, contributed to the mercantile orientation of Panama's economy. Accordingly, the country's politics and economics have been consistently dominated by foreign trading interests, first from Spain, then Colombia and the United States. Now in the 1990s, Panama stands at a historical and economic crossroads, and according to Zimbalist and Weeks its traditional entrep�t institutions are no longer able to promote and sustain growth. Before building the basis for long-term economic expansion, Panama must first undo the devastating economic and political damage engendered by nearly three years of U.S. economic sanctions and the U.S. invasion. In this timely book, Zimbalist and Weeks document the origins and characteristics of this crossroads. Their analysis points the way to a more encompassing and equitable strategy for Panama's economic development.