The Final and Commercial Impact of the Panama Canal Treaty
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Total Pages | : 144 |
Release | : 2000 |
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Total Pages | : 144 |
Release | : 2000 |
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Author | : United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on Domestic and International Monetary Policy |
Publisher | : |
Total Pages | : 152 |
Release | : 2000 |
Genre | : History |
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Author | : United States. Department of State |
Publisher | : |
Total Pages | : 394 |
Release | : 1977 |
Genre | : Environmental impact statements |
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Total Pages | : |
Release | : 2000 |
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Author | : Robert DeV. Bunn |
Publisher | : Cambridge Lighthouse Press |
Total Pages | : 260 |
Release | : 2003 |
Genre | : History |
ISBN | : 0976707527 |
The study addresses from a governmental perspective the legality of the 1977 Panama Canal Treaty, and related political, economic, and national interest aspects resulting from the transfer of control of the Panama Canal from the United States to Panama under the Treaty. Under the Treaty, the United States turned over to Panama, entirely gratis, $3.4 billion in lands and properties, including strategic military bases. The study concludes that the Panama Canal Treaty is illegal and unenforceable. Under international law, the terms of a treaty must be mutually agreed to by all signatories, but the United States and Panama never agreed to the same Treaty language. The Treaty language as approved by the United States Senate was never agreed to by Panama, and the Treaty has never been signed by the President of Panama, as required by the Constitution of Panama. Also, the Canal was ?property? of the United States, but its transfer was not approved by the House of Representatives, as provided for by Article IV of the United States Constitution. Counterarguments to these conclusions are presented. The Canal is wrapped inextricably with the free world and global strategy, and the United States? ability to utilize the Canal for uninterrupted commerce is essential to its commercial and financial wellbeing. The Canal has been critical to the United States military and commerce in the past, and it will continue to be so. Narco-terrorists are a potential threat to Panama and the Canal. Entire cities within Colombia, which borders Panama, are controlled by drug cartels and Colombia is fighting for its very existence. The Narco-terrorists are infectious and expansionistic and their threat of taking control of the Canal is genuine, and their hostile intentions against democracy and governmental functions are unambiguous.
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Release | : 2000 |
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Author | : United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on Domestic and International Monetary Policy |
Publisher | : |
Total Pages | : 152 |
Release | : 2000 |
Genre | : History |
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Author | : Noel Maurer |
Publisher | : Princeton University Press |
Total Pages | : 439 |
Release | : 2010-11-08 |
Genre | : Business & Economics |
ISBN | : 140083628X |
An incisive economic and political history of the Panama Canal On August 15, 1914, the Panama Canal officially opened for business, forever changing the face of global trade and military power, as well as the role of the United States on the world stage. The Canal's creation is often seen as an example of U.S. triumphalism, but Noel Maurer and Carlos Yu reveal a more complex story. Examining the Canal's influence on Panama, the United States, and the world, The Big Ditch deftly chronicles the economic and political history of the Canal, from Spain's earliest proposals in 1529 through the final handover of the Canal to Panama on December 31, 1999, to the present day. The authors show that the Canal produced great economic dividends for the first quarter-century following its opening, despite massive cost overruns and delays. Relying on geographical advantage and military might, the United States captured most of these benefits. By the 1970s, however, when the Carter administration negotiated the eventual turnover of the Canal back to Panama, the strategic and economic value of the Canal had disappeared. And yet, contrary to skeptics who believed it was impossible for a fledgling nation plagued by corruption to manage the Canal, when the Panamanians finally had control, they switched the Canal from a public utility to a for-profit corporation, ultimately running it better than their northern patrons. A remarkable tale, The Big Ditch offers vital lessons about the impact of large-scale infrastructure projects, American overseas interventions on institutional development, and the ability of governments to run companies effectively.
Author | : United States. Congress. Senate |
Publisher | : |
Total Pages | : 6 |
Release | : 1977 |
Genre | : Panama Canal Treaties |
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Author | : United States. Congress. Senate. Committee on Foreign Relations |
Publisher | : |
Total Pages | : 614 |
Release | : 1977 |
Genre | : Panama |
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