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Essay / Research Paper Abstract
This 10 page paper discusses the past and
projected economic development issues which
concern the country of Panama. Those areas of
discussion include: The Uniqueness of Panama; After
the U.S. Military Intervention; The Return of the
Canal; Economic Potential; and Fuuture Issues and
Concerns. As the information base of the country
and its citizens expand, there will still be
conflicts, but time has shown that these issues,
which often seem insurmountable and tempt a country
or its government to ignore them , do have the
possibility of negotiation, particularly where the
health and welfare of a proud historic people is
involved. Bibliography lists 8 sources.
Page Count:
10 pages (~225 words per page)
File: D0_BBpanama.doc
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Unformatted sample text from the term paper:
Written by for the Paperstore, Inc., April 2000 Introduction Globalization has pushed the many countries of Latin America toward creating new ways to be economically viable
in the world marketplace. Lessened tax and tariff constraints have also created many more opportunities for United States, European and Asian companies to sell into Latin America from abroad rather
than maintain a network of small plants in various countries. At the same time, these same countries are also attempting to establish themselves as players in the world market.
Panama serves as an excellent example. Consider the fact that business at Panama ports grew an amazing 24.2 percent in 1998 - and investment is continuing. According to Wilson (1999),
Panamas ports handled "more than one million units, twice as many as in 1996, making the country one of the most important port centers in Latin America" (pp.36).
Impressive though such a statistic may be, it needs to be considered in the overall economic development of Panama in general. While
it may be evolving as a major shipping facilitator, how is the country dealing with its infrastructure, social systems, and the economic opportunities available to its people? It is
important to understand that such questions are every bit as essential in a countrys development process as any impressive business figures, which may appear to be financial bandaid, but do
little to address long range economic financial development. The Uniqueness of Panama Over the last several years, According to Subrin (1992),Panama has shifted
away from traditional exports such as bananas and coffee, with increases in non-traditional exports, particularly clothing. Panama has begun to liberalize its economy,
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