Cover IMF Staff Country Reports
Panama: Selected Issues
Author:
International Monetary Fund. Western Hemisphere Dept.
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2017: Issue 106
Language:
English
Publication Date:
04 May 2017
DOI:
https://doi.org/10.5089/9781475597721.002
ISBN:
9781475597721
ISSN:
1934-7685
Pages:
69
Keywords:
ISCR; CR; bank; asset; export; foreign direct investment; Colombia; growth fluctuation; Tocumen airport; tourism sector; business cycle; trade linkage; GDP growth; growth model; energy infrastructure; Systemic risk; Macroprudential policy; Tourism; Macroprudential policy instruments; Systemic risk assessment; Global; Central America; South America; Caribbean
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This Selected Issues paper assesses Panama’s business model founded on its ability to attract international financial, business, and transportation services. Panama has had exceptional growth over recent decades. A growth diagnostic exercise suggests that Panama is well placed to maintain this business model. Higher-quality education, stronger governance, and less bureaucracy will further strengthen Panama’s comparative advantage. Additional analysis suggests that investment will continue to support growth, while the logistics and tourism sectors promise to build further on Panama’s comparative advantage.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2017: Issue 106