image missing
HOME SN-BRIEFS SYSTEM
OVERVIEW
EFFECTIVE
MANAGEMENT
PROGRESS
PERFORMANCE
PROBLEMS
POSSIBILITIES
STATE
CAPITALS
FLOW
ACTIVITIES
FLOW
ACTORS
PETER
BURGESS
SiteNav SitNav (0) SitNav (1) SitNav (2) SitNav (3) SitNav (4) SitNav (5) SitNav (6) SitNav (7) SitNav (8)
Date: 2024-05-20 Page is: DBtxt001.php txt00003710

Country ... Panama
Development Impact

December 2010 ... Panama booms as poor look on ... Panama is expanding its famous canal and solidifying free-trade, but a third of its people remain in poverty.

Burgess COMMENTARY

Peter Burgess

Panama booms as poor look on ... Panama is expanding its famous canal and solidifying free-trade, but a third of its people remain in poverty.

Panama's strategic location at the crossroads of trade in the Western Hemisphere has driven its economy for nearly a century - the nation currently has the highest growth rate in Latin America.

Nearly 100 years after first building its famous canal, the country is now expanding the waterway to allow the world's largest vessels to pass through. It is similarly trying to expand free trade agreements, such as one with the United States that has yet to be ratified in Washington, DC.

But Panama's thirst for growth runs the risk of sidelining its working population, as roughly a third of the country remains in poverty.

Al Jazeera's Monica Villamizar reports from Panama City.

Source: Aljazeera


AJE News Americas
Last Modified: 28 Dec 2010 23:17 GMT
The text being discussed is available at
http://www.aljazeera.com/video/americas/2010/12/20101228223519762765.html
SITE COUNT<
Amazing and shiny stats
Blog Counters Reset to zero January 20, 2015
TrueValueMetrics (TVM) is an Open Source / Open Knowledge initiative. It has been funded by family and friends. TVM is a 'big idea' that has the potential to be a game changer. The goal is for it to remain an open access initiative.
WE WANT TO MAINTAIN AN OPEN KNOWLEDGE MODEL
A MODEST DONATION WILL HELP MAKE THAT HAPPEN
The information on this website may only be used for socio-enviro-economic performance analysis, education and limited low profit purposes
Copyright © 2005-2021 Peter Burgess. All rights reserved.