Appraising the Economic Potential of Panama: Policy Recommendations for Sustainable and Inclusive Growth
CID Faculty Working Paper No. 334
Ricardo Hausmann, Miguel Angel Santos, and Juan Obach
May 2017
Abstract:
This report aims to summarize the main findings of the project as gathered by the three baseline documents, and frame them within a coherent set of policy recommendations that can help Panama to maintain their growth momentum in time and make it more inclusive. Three elements stand out as cornerstones of our proposal:
(i) attracting and retaining qualified human capital;
(ii) maximizing the diffusion of know-how and knowledge spillovers, and
(iii) leveraging on public-private dialog to tackle coordination problems that are hindering economic activity outside the Panama-Colón axis.