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
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.